Trio-Tech International Shows $1.2-Million Loss
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Trio-Tech International posted a $1.2-million loss for its fiscal year ended June 26, more than double its $541,000 loss in fiscal 1986.
The San Fernando maker of semiconductor testing equipment said its annual sales fell 6%, to $15.4 million, from $16.3 million.
Trio-Tech said the loss reflected lower demand for its products caused by the slump in the semiconductor industry. However, Trio-Tech recently said it expects an improvement in fiscal 1988 because of indications that the semiconductor business is rebounding.
For detailed data and results of other companies, please see tables, Page 11.
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