Deltron Incorporated (OTCBB: DTRO) is an acquirer of companies with strong management, substantial revenue and established market shares. It currently has two subsidiaries. The first is Blu Vu Life Support Technology, which is a developer of life support and breathing technology for use in extreme environments such as mining, search and rescue, and fire.
Its wholly-owned subsidiary Elasco Inc., is an engineered plastics and polyurethane molding and manufacturing company. Elasco provides complete design and manufacturing services including prototype work, mold and tooling design, manufacturing, custom casting, plastic injection molding and proprietary polymer mixing.
The company today announced strong financial performance for the nine month period ended June 30, 2011. Its Elasco subsidiary generated $2,511,871 in revenue. This is a 27.5 percent increase from the same year ago period. Elasco also generated $451,598 in gross profit, a 114% increase from 2010. The company’s EBITDA also rose 522% over the same period last year.
Based on these 9-month results, Deltron is excited by the potential for consistent quarterly gains. The company’s CEO, Henry Larrucea, commented “The company continues to realize increased sales and significant profitability improvements in 2011. With lean operations, sales increases, improving gross margins and growing traction within the niche markets we serve, Deltron continues to increase its profit potential.”
For more information about Deltron and its subsidiaries, please visit its website at www.dtro.com
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