October 12, 1993
Calnetics Corp.'s net income jumped 52% on a 3% increase in sales for the first quarter that ended Sept. 30, 1993. The Chatsworth company posted net income of $108,000, up from $71,000 for the same period in 1992. Sales in the latest quarter were $3.94 million, up from $3.82 million for the same period a year earlier. Calnetics is a manufacturer of molded-plastic components and plastic sheeting that serves the industrial-plastics and the building-materials industry.
October 22, 1996
Calnetics Corp. saw its net income jump 36% in its first quarter despite a 4% decline in sales. The Chatsworth-based company posted a profit of $404,000 in the period that ended Sept. 30, compared to a $296,000 profit a year ago. Sales in the latest quarter fell to $8.45 million, compared to $8.77 million a year earlier. The company is a maker of various components used in the building materials and plastics industry.
January 26, 1993
Calnetics Corp., a Chatsworth plastics concern, said its fiscal second-quarter profit more than doubled from a year earlier on a 32% sales gain. In the quarter that ended Dec. 31, Calnetics' net income rose to $115,000 from $42,000 a year earlier, and its sales climbed to $4.16 million from $3.15 million. Improved business conditions and a plant consolidation contributed to the gains, Calnetics said.
January 21, 1997
Calnetics Corp., a Chatsworth manufacturer of plastic bobbins, said its profit for the fiscal second quarter that ended Dec. 31 was up 32% to $359,000 from $271,000 in the corresponding period last year. Revenue for the quarter was $8.6 million, up 13% from $7.6 million last year. For the first six months of the fiscal year, the company earned $763,000, up 35% from $567,000 last year. Revenue was $17 million for the six-month period, up 4% from $16.4 million last year.
October 3, 1989
The president of LRJ Enterprises, a Chatsworth management-services firm, raised his stake in Calnetics Corp. to 17.1%, or 473,574 shares, from 2.5%. In a filing with the U. S. Securities and Exchange Commission, Larry D. Sacks said his Calnetics holdings increased following Calnetics' purchase of Chatsworth-based Manchester Plastics Co. on Sept. 18. Sacks held stock in both companies before the merger.
August 9, 1994
Calnetics Corp., a Chatsworth manufacturer of molded plastic industrial components, reported a 71% increase in its fiscal fourth-quarter earnings, to $251,000. A year earlier, Calnetics earned $147,000. Its sales in the quarter ended June 30 totaled $6.3 million, up 42% from $4.43 million in sales a year before. Calnetics' fiscal 1994 profit was $617,000, a 23% gain from $502,000 in net income in the prior year. Sales grew 9%, to $18 million from $16.6 million.