Eldorado profit up on higher gold sales

Fri Feb 22, 2013 7:49am EST

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Feb 22 (Reuters) - Canadian miner Eldorado Gold Corp reported on Friday a boost in fourth quarter profit, as increased gold sales outweighed higher operating costs.

Net earnings were $115 million, or 16 cents a share, in the quarter ended December 31. That compared with $88.8 million, or 16 cents a share, in the year-earlier period.

Analysts, on average, had expected earnings of 14 cents a share, according to Thomson Reuters I/B/E/S.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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