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.”

If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!

Security Is Our Business, Too

For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add sales to your bottom line.

A free subscription to the #1 resource for the residential and commercial security industry will prove to be invaluable. Subscribe today!

Subscribe Today!

Get Our Newsletters