RJP Electronics made an attributable profit of $169,000 for the year to March 31, from a previous loss of $26.53 million.
Earnings per share were 0.03 cents, compared with the previous loss per share of 5.77 cents.
The directors did not recommend the payment of any dividend for the year. No dividend was paid in the previous year either.
Turnover dropped 0.65 per cent to $313.99 million. But continuing operations gave an operating profit before exceptionals of $552,000, compared with the previous operating loss before exceptionals of $3.67 million.
There was not an exceptional item for the year. There was an exceptional loss of $22.74 million previously.
''During the year, the decrease in demand for the group's products from the European consumer market was compensated to a large extent by the increase in demand from the United States and Asian markets.
''As a result, the overall turnover of the group dropped only marginally,'' said chairman Robert Li Shu-keung.
