ELK GROVE VILLAGE, IL, Sept. 9 -- SigmaTron International today reported first-quarter 2005 revenues of $25.1 million, up 1% from last year.

Net profit fell 18%, to $1 million, for the quarter ended July 31.

During the quarter the company ramped production in China. In a press release, president and CEO Gary Fairhead said near-term results "will be negatively impacted by investment in China." He said China should show positive operating results in fiscal 2005.

Las Vegas operations were slow which the company attributed to normal seasonality. Mexico operations were busy, and Fairhead said the company has seen "renewed interest in Mexico as opposed to China."