ASE logs 1998 profit, sees 'significant gains' later in 1999
Aero Systems Engineering (ASE), St. Paul, Minn., ended 1998 with its sixth consecutive profitable quarter and rebounded from a 1997 loss, $401,000, to net income of $665,000 for the year. Sales for the quarter were down from the year-earlier period, $7.65 million vs. $8.56 million, but increased 9%...
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