SNC-Lavalin Group Inc (OTC: SNCAF) reported a 52% drop in its fourth-quarter profit.
SNC-Lavalin's quarterly net income attributable to shareholders fell to C$76.0 million, or 50 Canadian cents a share, down from C$158.7 million, or C$1.04 a share, in the year-earlier period.
SNC-Lavalin also announced the resignation of its chief executive.
SNC-Lavalin shares closed at $39.00 on Friday.
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