Radiant Posts Profit: Radiant Technology Corp, an...
From Times Staff and Wire Reports
Radiant Posts Profit: Radiant Technology Corp, an Anaheim manufacturer of infrared ovens and furnaces for the electronics industry, reported profit of $799,218 for the fiscal year ended Sept. 30, 1991, which included $758,000 of debt forgiveness through a corporate restructuring and a $1-million private placement. Sales totaled $6.4 million. A year earlier, the company incurred a net loss of $2.2 million on sales of $7.4 million.
