Delta Systems Has 91 Percent Increase In 2002 Revenues
by April 28, 2003 12:00 am 64 views
Delta Systems Inc. added 17 new customers in 2002, increasing its revenues by 91 percent to $11.67 million.
The Rogers automation and motion control company announced on April 14 that its year ended Dec. 31 totals also included a 37.9 percent increase in gross profit of $4.42 million, compared to $2.11 million in 2001.
Operating expenses also rose for Delta Systems in 2002 to $7.24 million, compared to $4.79 million in 2001. The company’s net loss for 2002 was $3.27 million compared to $2.85 million for 2001.