BRIDGEWATER, MA -- Chase Corp. reported fiscal second quarter sales rose 5.8% from last year to $51.2 million. For the quarter ended Feb. 28, net income was up 7.1% to $4.52 million, boosted by higher demand for conformal coatings.

Industrial materials were up over the previous year's quarter led by wire and cable energy products and electronic coatings. Chase is the owner of the Humiseal brand of conformal coatings for printed circuit boards.

"Our second fiscal quarter continued the trend of modest top-line growth but more significant profitability," Chairman and chief executive Peter R. Chase said. "This comes from success in effective sales channel management, improved manufacturing processes and planned expense reduction from plant consolidation and the NEPTCO integration.

 

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