Technical textiles producer ADS Inc on Wednesday posted a fall in first quarter net profit to $1.2 million from $1.5m in the year-ago period and said its total sales fell around 17 per cent to $25m from $30.2m in 2001.

The Quebec-based company said sales for the technical textiles sector fell from $11.7m to $10.9m, while sales for the composite materials sector reached $14.1m compared to $18.4m last year, with lower sales in the footwear market mainly behind that fall.

ADS, which is primarily involved in the manufacturing sector through its subsidiaries working in the fields of technical textiles and composite materials, added that it expects second quarter sales to remain flat but expects growth in the third and fourth quarters.