Burbank’s Trio-Tech Posts Loss for Quarter

Trio-Tech International of Burbank reported a net loss of $246,000 on a 49% decline in revenue during its second quarter ended Dec. 27. The company, which makes semiconductor testing equipment and runs semiconductor testing laboratories, attributed the shortfall to the continuing slump in the computer industry.

Trio-Tech’s loss, which amounted to a deficit of 9 cents a share, came on sales of $3.8 million. During the same period last year, the company earned $1 million, or 45 cents a share.

For the six months ended Dec. 27, Trio Tech lost $165,000, or 6 cents a share, on sales of $7.8 million. During the corresponding period in 1984, the company earned $1.7 million, or 79 cents a share, on sales of $12.1 million.

The company has been diversifying away from the volatile semiconductor market. Last month, Trio-Tech announced that it agreed to buy MQS Inspection, a Chicago firm that tests metals and other materials.

For detailed data and results of other companies, please see tables, Page 6.