George Risk Industries Inc. (GRI) announced that its net sales for the quarter ending July 31 were $3.41 million, which was a 10.2-percent increase from the same quarter in 2004. The company’s net income also increased in the same quarter compared to last year’s numbers.
“Frankly, business is fantastic,” said Ken Risk, president and CEO of GRI, in a statement. “Income is up, expenses are in check and orders continue to flow into our sales office.”
Risk adds the burglary system manufacturer stands to gain from more growth after it recently expanded production at its Gering, Neb., facility.
