Motorvac Technologies Inc.: The Santa Ana automotive...
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Motorvac Technologies Inc.: The Santa Ana automotive repair and service equipment company said that net income for the second quarter totaled $196,239, or 4 cents a share. That contrasts with a net loss of $317,407, or 8 cents a share, for the like period last year. Sales were up 50% to $2.7 million from $1.8 million. First-half net income totaled $340,042, or 8 cents a share, contrasted with a year-earlier net loss of $809,404, or 22 cents a share. Sales gained 47% to $4.7 million from $3.2 million.
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