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MENAFN - - 11/20/2012 10:59:36 AM

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Electronic Systems Technology increases sales over previous year's quarter

Nov 20, 2012 (Menafn - TELECOMWORLDWIRE via COMTEX) --Electronic Systems Technology, Inc. ELST reported sales for the third quarter 2012 of 551,205, compared to sales of 487,161 for the same quarter in 2011.

For the third quarter of 2012, the company recorded net income of 36,715, or 0.01 per share, compared to a net loss of (20,801), or (0.00), for the third quarter of 2011. EST recorded a net loss of (41,800) or (0.01) per share on sales of 1,460,944 for the nine month period ended September 30, 2012, compared with a net loss of (125,646) or (0.02) per share on sales of 1,332,765 for the same period in 2011.

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