Cincinnati Microwave has reported fourth quarter net profits of $2.8m after a $700,000 gain, against losses of $5.8m last time, on turnover up 10.6% at $22.9m; net losses for the year to December 26 were $1.3m, after a gain of $2.1m, down from a loss last time of $6.4m, which included profit from discontinued operations of $1.4m, and an extraordinary charge of $531,000, on turnover up 13.9% to $58.5m. Net earnings per share were $0.24 in the quarter.
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