TORONTO – Firan Technology Group reported first-quarter sales ended Feb.  28 of nearly $14 million, up 7.5% year-over-year.

Net earnings for the quarter before tax were $227,000, compared to a net loss of $669,000 in the prior year period.

Operating earnings were $1.02 million, compared to an operating loss of $72,000 in the first quarter of 2013.

The company cited strong results at the firm’s new aerospace facilities in Tianjin and Chatsworth.

Circuits Segment sales were up $1.6 million, or 18% year-over-year.

Circuits segment net earnings before corporate and interest and other costs increased to $900,000 compared to $100,000 in the same quarter of 2013.

For the Aerospace segment, sales in the first quarter were $3.5 million, down 14.6% year-over-year. There was a drop in activity in Toronto, FTG says, as a result of the end of a large military simulator program.

Aerospace net earnings before corporate and interest and other costs increased slightly as startup losses at the two new facilities decreased, offset by lower profitability in the Toronto facility.