George Risk Industries See 13% Increase in Quarterly Income
Burglary system manufacturer George Risk Industries Inc. (GRI) shows a 13-percent increase in net revenue for its second quarter, while increasing sales 11 percent compared to the year before. Net income for the quarter that ended Oct. 31 was $711,000, with sales of $3.6 million.
“Sales continue to be very strong and steady,” said GRI CEO and President Ken Risk, in a statement. “Our new facility in Gering, Neb., is running very efficiently. We are consistently striving to develop high tech products to diversify our current product line.”
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