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VALLEY EARNINGS

Traditional Industries Reports Increase of 91%

November 24, 1987

Traditional Industries posted a 91% increase in profit in the first quarter ended Sept. 30, to $1.2 million, or 50 cents a share, from $625,000, or 29 cents a share, in the same period a year earlier.

The earnings jump came on an 88% increase in sales, from $7 million a year earlier to $13.2 million. The Agoura Hills firm sells packages that typically include a camera, photo album and discount coupons for film processing.

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