HACH ANNOUNCES RESULTS
HACH ANNOUNCES RESULTS LOVELAND, Colo., Nov. 22 /PRNewswire/ -- Hach Co. (OTC) today
announced its unaudited financial results for the second quarter and six months ended Nov. 2, 1991.
Net sales for the second quarter were $20,938,000, an 18 percent increase over net sales of $17,708,000 for the second quarter of the prior fiscal year. Net income of $1,852,000 was 20 percent greater than net income of $1,547,000 for the second quarter of fiscal 1991. Net income per share was 31 cents for the second quarter ended Nov. 2, 1991, vs. 26 cents for the same period of the prior fiscal year. Net sales for the six months ended Nov. 2, 1991, were $41,668,000, 21 percent greater than net sales of $34,408,000 for the first half of the prior fiscal year. Net income of $3,630,000 for the first six months was 30 percent greater than net income of $2,803,000 for the six months period of the prior fiscal year. On a per-share basis, net income was 60 cents for the current fiscal year vs. 47 cents for the prior fiscal year. HACH CO. Quarter Six Months 11/2/91 10/27/90 11/2/91 10/27/90 Net sales $20,938,000 $17,708,000 $41,668,000 $34,408,000 Net income 1,852,000 1,547,000 3,630,000 2,803,000 Net income per share (A) $.31 $.26 $.60 $.47 (A) -- Adjusted to reflect 5-for-4 stock split in April 1991. -0- 11/22/91 /CONTACT: Gary R. Dreher, VP and treasurer of Hach, 303-669-3050, ext. 2241/ CO: Hach Co. ST: Colorado IN: SU: ERN CK -- NY035 -- 6351 11/22/91 11:48 EST
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|Date:||Nov 22, 1991|
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