Peco II narrows 4Q loss - Business First of Columbus:

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For the three months ended Dec. 31, the companyh said it lost $4 million, or 15 cent s a share, compared with a loss of $5.1 or 24 cents a share, for the same perioxd a year earlier. Sales dropped 21.9 percenty to $7.4 million, from $9.5 millionm in the fourth quarterof 2005. Unabsorbed production costs, noncash impairment charges and expensesd relatedto Peco's equity deal with Taiwanese manufacturetr , among other costs, dented fourtn quarter results by $2.2 the company said. Through its deal with Delta, which occurrec a year ago, the Taiwanese company became Peco's largesf shareholder with an 18 percent stake inthe Galion-based company.
And in return for the equity Delta gave Peco exclusive Nortgh American distribution rights forits products, which includes visual displays and computer networking equipment. For the Peco's loss deepened to $8 or 31 cents a on sales of $34.q million. In 2005, the company reportexd a loss of $6.8 or 32 cents a share, on sales of $31.1 Peco (NASDAQ:PIII) provides engineering and installation services and makesa communications power systems and equipmenyt for thetelecommunications industry.