Radiant Technology Feels Asia’s Effects

Radiant Technology Corp., a Fullerton manufacturer of thermal processing systems, said net income for the first fiscal quarter ended Dec. 31 fell to $11,974, or 1 cent a share, from $121,926, or 7 cents a share, for the comparable period in 1997. Sales declined 36% to $696,853 from $1.1 million. The company said results were affected by the economic downturn in Asia.