Rohr Industries Lists Lower Net
- Share via
Rohr Industries Inc., a Chula Vista-based manufacturer of jet engine components, reported lower net income on increased sales for the fourth quarter and full year ended July 31.
For the quarter, Rohr’s profit totaled $7 million on $200.3 million in sales compared with a profit of $11.9 million on sales of $162.2 million over the same period a year ago. For the fiscal year, Rohr’s net income was $26.9 million on sales of $663.4 million, compared with a profit of $47.3 million on sales of $626.1 million over the previous 12 months.
The company blamed the lower profits on the two-week employee strike during Rohr’s third quarter and on costs related to the expansion of facilities to accommodate new work programs.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.