03:43 PM EST - JITE Technologies Inc. : second-quarter 2009 net profit rose to $301,000 or $0.014 per share from $105,000 or $0.005 per share last year, reflecting a combined result from higher gross margin and less operating expenses. Sales for the second quarter slipped to $3.50 million from $4.65 million in the 2008 period. Second-quarter gross profits increased to $1.13 million from $970,000 in the year-earlier period. Operating expenses for the quarter were $835,000 compared with $876,000 in the prior-year period. JITE Technologies Inc.
shares V.JTI are trading down $0.015 at $0.19.
