Trio-Tech International Shows Revenue, Profit Gains

Trio-Tech International, San Fernando, reported net income of $371,000 for the fourth quarter ended June 30, compared to $46,000 for the same quarter last year. Revenue rose to $8.68 million from $6.06 million. For the year ended June 30, net income jumped to $1.03 million from $195,000 for the previous year. Revenue increased 27% to $26.9 million compared to $21.2 million.

Trio-Tech designs equipment and systems used in the manufacture and testing of semiconductors.