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Profit edges upward for Amityville lockmaker
Photo credit: Newsday, 2005 / Michael E. Ach
Napco Security Technologies Inc., of Amityville, said Monday it increased its sales slightly in its most recent quarter, and improved its profit margin, while reducing expenses and paying off debt.
Napco, a maker of locks and fire and intrusion alert systems, had net income of $309,000 on net sales of $17,617,000 for the quarter ended Dec. 31, compared to income of $157,000 on sales of $17,608,000...
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