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Alpharel Net Triples on 22% Revenue Gain

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Alpharel Inc. said its second-quarter net income nearly tripled on a 22% revenue gain.

The Camarillo supplier of software for document managing earned $180,000 in the three months ended June 30, compared with a $61,000 profit a year earlier. Its revenue jumped to $1.7 million from $1.4 million in 1992’s second quarter.

For the six months, Alpharel’s profit climbed to $476,000 from $122,000, while revenue rose to $3.6 million from $2.8 million a year earlier.

Alpharel also said it received a $250,000 contract to provide a Canadian transporter and marketer of natural gas with an imaging system to manage engineering design drawings.

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The deal with TransCanada Pipelines Ltd. in Calgary calls for delivery of the system, which will store and manage AutoCAD files, by November.

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