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Aeroquest International Limited

09:46 AM EST - Aeroquest International Limited : announced that its second-quarter net loss was $1.0 million or $0.03 per share, compared to net earnings of $800,000 or $0.03 per share in the first quarter last year. Operating cash flow before changes in working capital was $700,000 or $0.02 per share compared with $2.8 million or $0.09 in the second quarter last year. Sales for the quarter were $7.96 million, down from $13.29 million in the second quarter last year. The Company expects third quarter 2009 revenue to be comparable to the second quarter - in the range of $6-$10 million. Aeroquest International Limited shares T.AQL are trading even at $0.39.