Carnegie Group Inc has reported fourth quarter net profits down 28.4% at $2.1m on revenue up 4.9% at $6.9m; net profit for the year to December 31 was down 28.1% at $3.4m on revenue that rose 10.8% to $28.4m. Net earnings per share fell 36.7% to $0.31 in the quarter, down 42.7% to $0.47 in the year.