Delta-based aircraft frame manufacturer Avcorp Industries Inc. (TSX:AVP) reported a fifth consecutive profitable quarter with the release of its 2007 first quarter results.
Net income for the quarter, which ended March 31, 2007, rose to $375,000 compared with $122,000 in 2006's first quarter.
Quarterly revenue rose slightly to $27.4 million from $26.8 million.
Avcorp's share price range during the past week: between $2.50 and $2.69; 52-week high: $2.69; 52-week low: $1.08.