Buoyed by a $45-million pretax gain from...

Buoyed by a $45-million pretax gain from the sale of its Simplicity Pattern subsidiary, Triton Group Ltd. on Tuesday reported a $56.9-million profit and $95 million in revenue for the fourth quarter ended Jan. 31. The company reported a $2.1-million net profit and $87 million in revenue during the year-ago fourth quarter.

The company reported a $75.9-million profit and $395 million in revenue for the year ended Jan. 31, contrasted with an $11.5-million profit and $275 million in revenue for the previous fiscal year.

The Simplicity Pattern sale added “more than $4 per share to Triton’s shareholder equity,” according to Triton President and Chief Executive Charles R. Scott.

Intermark Inc., which owns 42% of Triton, also owns an option to acquire an additional 20% interest in Triton.