VANCOUVER – EMS firm
PTL Electronics reported revenue grew 76% to $15.8 million for its fiscal year ended March 31. Net income grew 71%, to just over $1 million, from $565,714 last year.
PTL has a backlog of approximately $5 million in purchase orders scheduled for fulfillment by the end of the current quarter, compared to revenue of $3.2 million the same quarter last year.
PTL was acquired last year by
Moventis Capital Inc.