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Chase Reports Q2 Net Income Up 36% |
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Written by Chelsey Drysdale
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Wednesday, 09 April 2008 |
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BRIDGEWATER, MA – Global manufacturer Chase Corp. reported net income of $1.87 million for the second quarter, up 36% year-over-year.
Revenues of $28.2 million for the quarter increased 3% compared to 2007.
For the six months ended Feb. 29, revenues increased 7% to $62.9 million compared to the same period last year. Net income was $5.34 million, up from $3.9 million year-over-year.
The company’s EMS segment had revenues of $4 million, down nearly 17% compared to the same period last year. Revenues for the six-month period ended Feb. 29 were $9.1 million and in line with the prior year period, Chase said.
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