Eltek Reports Record Sales in Q3 | Print |  E-mail
Written by Mike Buetow   
Wednesday, 27 November 2013 16:15

PETACH-TIKVA, ISRAEL -- Eltek announced net profit for the third quarter rose 333% to $585,000. The company also set a revenue record for the period.

For the quarter ended Sept. 30, the printed circuit board fabricator said sales were $12.8 million, up from $10.8 million recorded in 2012. Gross profit was $2.3 million, up from $1.7 million a year ago. Operating profit was $735,000 compared to operating profit of $285,000 in the third quarter 2012. EBITDA was $1.2 million compared with $680,000 a year ago.."

 

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