Morehouse Industries Inc.: The Fullerton manufacturer of...
Morehouse Industries Inc.: The Fullerton manufacturer of industrial equipment and engineered products posted a profit of $209,000, or 5 cents a share, for its latest quarter, up 41% from $148,000, or 4 cents a share, for the same period a year earlier. Sales for the company’s second fiscal quarter, which ended Feb. 28, rose 19% to $2.5 million from $2.1 million. For the first half, earnings increased 57% to $352,000, or 9 cents a share, from $224,000, or 6 cents a share, a year earlier. Six-month sales rose 47% to $4.7 million from $3.2 million.
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