2nd-Quarter Profit Rises 32% for Martin Lawrence

Martin Lawrence Limited Editions reported that its second-quarter net income increased 32% compared to the same period last year. The company said its net income was $2 million on total revenue of $12.9 million for the quarter that ended June 30.

Martin Lawrence said in the first six months of the year its net income increased 27% to $3.6 million while sales increased to $22.5 million from last year’s sales of $16.7 million for the same period.