UPDATE 1-Exco Technologies Q4 profit rises

* Q4 EPS C$0.06 vs C$0.01, last year

* Q4 rev up 22 pct to C$45.9 mln

* Ups quarterly dividend by 25 pct to C$0.025/shr

Nov 25 (BestGrowthStock) – Auto parts maker Exco Technologies Ltd
(XTC.TO: ) posted higher fourth-quarter profit (Read more your timing to make a profit.), helped by
strength at its casting and extrusion, and automotive solutions
segments.

Exco, a manufacturer of dies, moulds, and components for
the die-cast, extrusion and automotive industries, also said it
raised its quarterly dividend by 25 percent to 2.5 Canadian
cents a share.

For the July-September quarter, the company earned of C$2.4
million, or 6 Canadian cents a share, compared with a earnings
of C$364,000, or 1 Canadian cent a share, a year ago.

Quarterly sales rose 22 percent to C$45.9 million.

Analysts on average were expecting the Toronto-based
company to earn 7 Canadian cents a share, on revenue of C$45
million, according to Thomson Reuters I/B/E/S.

Casting and extrusion segment sales rose 15 percent to
C$30.1 million, while sales at the automotive solutions segment
rose 36 percent to C$15.9 million.

Exco’s shares, which have lost 7 percent in value since it
reported third-quarter results in July, closed at C$3.35
Thursday on the Toronto Stock Exchange.

(Reporting by Arnika Thakur in Bangalore; Editing by Prem
Udayabhanu)

UPDATE 1-Exco Technologies Q4 profit rises