Stella-Jones Q4 Profit Surges 26%

Stella-Jones reported a 26% surge in its fourth-quarter profit. Stella-Jones' quarterly profit climbed to C$13.4 million, or 83 Canadian cents per share, versus C$10.7 million, or 67 Canadian cents per share, in the year-ago period. Stella-Jones' sales surged 11% to C$147.5 million. However, its sales of railway ties jumped 19% to C$74.4 million.