Sharply higher sales of its semiconductor test equipment enabled Trio-Tech International to report third quarter net profit when compared to a year ago.

The Van Nuys-based company on Monday reported net income of $117,000 (4 cents per share) compared with a net loss of $261,000 (-5 cents).

Revenue nearly doubled to $10.8 million. Net sales in the company’s manufacturing segment increased more than fourfold to $7.38 million. TT Solar, the company’s new solar energy products and services business in Singapore, contributed $848,000.

Chief Executive SW Yong credited the improved results both to the recovery in the global semiconductor market and a growing market for TT Solar’s alternative energy products.

“Increased volume in our core semiconductor testing equipment and services businesses is a welcome development, and we are encouraged by the positive trends we see in the electronics industry worldwide,” Yong said. “At the same time, our strategy to add new sources of revenue is beginning to generate the incremental growth we anticipated.”

Shares ended the day unchanged at $4.35 on the New York Alternet.