Ag Growth posts profit on strong equipment demand

March 14 Wed Mar 14, 2012 8:17am EDT

March 14 (Reuters) - Ag Growth International Inc , a maker of portable grain handling equipment, posted a fourth-quarter profit as strong preseason activity in North America drove post-harvest demand for its equipment .

For the October-December period, net income was C$3.3 million ($3.33 million), or 26 Canadian cents a share, compared with a loss of C$379,000, or 3 Canadian cents a share, a year ago.

Trade sales rose 36 percent to C$67.0 million.

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