Trius Investments Inc. today reported weaker profit for its third quarter ended September 30.

Net income was $14,398, or 0.2¢ a share, compared to $27,060, or 0.3¢ a share for the same period a year ago.

Revenue for the quarter was $1,401,412 compared with $1,181,401 a year ago.

The company’s consolidated cash position at September 30, 2005 was $264,070, an increase of $295,129 from September 30, 2004.

“Although the net income for this quarter is less than the same quarter in 2004 we are encouraged by the increase in revenue and strong cash position,” said Gordon Wheaton, president and CEO of Trius Investments Inc., in a release.

“We are in a good position as we move forward in our plans, reported in our September and November releases, to enter into investment management opportunities including limited partnerships, hedge funds and mutual funds including but not limited to clean energy initiatives, through our new subsidiary, Trius Asset Management Corp.”