- Semiconductors Boost Photon Control Earnings
BURNABY, B.C., May 15, 2014 — Photon Control Inc. reported considerable earnings in the first quarter of 2014, powered largely by semiconductor sales.
The developer of optical measurement technologies said profit before taxes was $2.1 million, an increase of about 430 percent over the same quarter of 2013, when profit before taxes was $391,227. Its profit before taxes in the fourth quarter of 2013 was $2.3 million.
Sales of $5.8 million in the first quarter of this year represent an increase of approximately 107 percent over $2.8 million during the same period last year. Non-semiconductor orders (including analytical products, flare gas meters, fiber optic temperature sensors and spectrometers) increased by approximately 33 percent compared to the first quarter of 2013.
For more information, visit www.photoncontrol.com.
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