System Controls Inc.: The Anaheim manufacturer of...
System Controls Inc.: The Anaheim manufacturer of electronic energy-management systems posted a profit of $370,378, or 9 cents a share, for its latest quarter. That contrasted with earnings of $84,274, or 3 cents a share, for the period a year earlier. Revenue for the third quarter, which ended March 31, more than doubled to $1.6 million from $592,079. The company attributed the higher sales to increased business in its United Kingdom subsidiary. For the first three quarters of its fiscal year, the company’s profits rose to $706,888, or 17 cents a share, from $119,223, or 4 cents a share, for the comparable period last year. Nine-month revenue was $3.5 million, up from $1.5 million.
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