11/12/2013 12:18:00 PM
NEWS BRIEFS
Chicago Rivet Reports Sales & Profit Gains
Chicago Rivet & Machine Co. reported sales rose 10.8% to $9.46 million in the third quarter of 2013, with pretax income nearly doubling to $1.2 million and net income up 77% to $820,205. Income per share grew to $0.85 in Q3 from $0.48 in the third quarter of 2012.
Chicago Rivet sales during the first nine months of 2013 increased 6.7% to $27.9 million, while pretax income improved 37% to $2.8 million and net income gained 36% to $1.9 million. ©2013 GlobalFastenerNews.com
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