Automotive Markets Get Credit for Wynn’s Gains

With sales booming in its automotive markets, Wynn’s International Inc. said Thursday that its second-quarter earnings were up 31% compared to the same quarter last year.

The Fullerton-based automotive parts maker reported net income of $1.95 million for the quarter ended June 30, compared to $1.49 million during the same period last year.

Revenues jumped 39% to $85 million, up from $61.1 million last year.

Net income for the first half of the year was up 29% to $3.2 million, from $2.4 million a year earlier. Net sales for the first six months were up 44% to $162.7 million, from $112.9 million during the first half of 1985.

Slightly more than half of the second quarter net sales increase came from Precision Rubber Products Corp., which Wynn’s acquired in November, 1985.