Flamemaster Earnings Jump 42% for Quarter
Flamemaster Corp., a Sun Valley manufacturer of sealants, adhesives and coatings for the aerospace industry, reported that its fiscal fourth-quarter earnings jumped 42%, to $120,392 from $84,888 a year earlier.
The company’s revenue in the quarter that ended Sept. 30 was $1.26 million, a 22% increase from $1.03 million in revenue a year before.
For all of fiscal 1995, Flamemaster earned $243,262, up 87% from a profit of $129,873 in the previous year. Its annual revenue rose 2%, to $3.4 million from $3.32 million. The fiscal 1994 results included an $82,479 charge for an accounting change.
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