India, March 20 -- Formula Systems (1985) Ltd. (FORTY) revealed a profit for its fourth quarter that increased from last year

The company's bottom line came in at $20.054 million, or $1.28 per share. This compares with $15.713 million, or $1.01 per share, last year.

The company's revenue for the period rose 8.0% to $691.499 million from $640.291 million last year.

Formula Systems (1985) Ltd. earnings at a glance (GAAP) :

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-Earnings: $20.054 Mln. vs. $15.713 Mln. last year.-EPS: $1.28 vs. $1.01 last year.-Revenue: $691.499 Mln vs. $640.291 Mln last year.

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