Friday, March 15, 2019 2:23:45 PM
27% up overall YoY, Aerospace Products revenue was $19.6 million compared to $11.5 million in the nine months ending January 31, 2018, an increase of 71%.
And profits sweet. The nine months ending January 31, 2019 net income increased to $3.6 million compared to a net income of $342,000 in the nine months ending January 31, 2018. The nine months ending January 31, 2019, operating income increased to $4.5 million, from an operating income of $1.4 million in the nine months ending January 31, 2018.
As many here know, I have long droned on and on that they need to focus on the aerospace division more, but, the old man was set in his ways, maybe he is letting loose his grip a bit more. Well pleased to say the least!!
It's just like another on of my long term holdings SKAS that had a similar old school family member holding onto days of yesteryear.
Keep it up, you shall get no complaints from me, we continue in this fashion $1+ by November is not out of the rhealm of possibility if not sooner.
Peace out.
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