Wynn’s International Inc.: The Fullerton-based supplier of...
Wynn’s International Inc.: The Fullerton-based supplier of automotive products, builders hardware and petrochemical products posted net income of $1.6 million for the third quarter, a 33% gain from the $1.2 million recorded for the third quarter of 1989. Sales dipped 2%, to $71.7 million from $72.8 million. The company attributed the decline to significantly lower sales at its automotive air-conditioning subsidiary. Net income for the first nine months of 1989 totaled $4.9 million. Net income for the 1989 corresponding period was $6.1 million, which included an after-tax gain of $1.4 million from the sale of a joint-venture interest. Nine-month sales were down 2%, to $212.7 million from $216.4 million.
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