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June 3, 1990updated 05 Sep 2016 6:42pm


By CBR Staff Writer

Loral Corp has reported fourth quarter net flat at $25.1m on turnover up 36.1% at $444.7m; net profit for the year was down 10.7% at $78.2m including a pre-tax charge of $10.5m to settle a contract dispute regarding the ALR-56M, on turnover that rose 7.3% to $1,274m. Net per share was flat at $0.96 in the quarter, falling 11% to $3.01 in the year.

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