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Alternative Fuel Systems Inc.

10:01 AM EST - Alternative Fuel Systems Inc. : reported a third-quarter profit of $277.3 thousand, compared to a loss of $127.9 thousand in the same quarter last year. Revenue for the third quarter was $1.3 million. For the nine-month period, profit was $294.0 thousand, compared to a loss of $413.4 thousand in the same period last year. On a per share basis, net income for the nine-month period was $0.02. Total revenue increased to $2.7 million from $1.3 million in the year ago period. Alternative Fuel Systems Inc. shares V.AFX are trading unchanged at $0.19.