Payton Planar Magnetics Ltd. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the nine months, sales revenue was USD 22,374,000 compared to USD 20,442,000 a year ago. Operating profit was USD 3,077,000 compared to USD 3,197,000 a year ago. Profit before income taxes was USD 3,185,000 compared to USD 3,192,000 a year ago. Profit for the period was USD 2,581,000 compared to USD 2,626,000 a year ago. Total comprehensive income for the period was USD 2,582,000 or USD 0.15 basic earnings per share compared to USD 2,626,000 or USD 0.15 basic earnings per share a year ago. Cash flows generated from operating activities were USD 3,260,000 compared to USD 5,461,000 a year ago. Investment in fixed assets was USD 439,000 compared to USD 1,081,000 a year ago. For the quarter sales revenues were USD 8,306,000 compared with USD 6,859,000 in the third quarter of 2015, increase of 21%. The sales increase in the third quarter of 2016 was mainly attributed to increasing demand in few major projects.