O.C. BUSINESS PLUS : ORANGE COUNTY BRIEFLY : CEC Properties’ Profits on Upswing

CEC Properties Inc., a Newport Beach golf services company, said it earned $109,694 in the third quarter, contrasted with a net loss of $57,000 for the same period in 1998. Revenue from continuing operations for the quarter ended July 31 rose to $1.1 million from $333,000.