(December 22 – 10:30 ET) – Sceptre Investment Counsel Ltd. is reporting sliding earnings for its latest quarter. The firm says earnings for the three months ended November 30, were 28¢ per share fully diluted, as it was for the comparable period last year. Revenue slipped to $13.7 million in the period compared to $14.2 million in 1998.
For the year earnings have slipped to $1.11 per share, down from $1.13 last year. Nevertheless the company will continue to pay its 26¢ dividend, payable on January 14, 2000.