Metalclad Corp. of Anaheim reported net profits...

Metalclad Corp. of Anaheim reported net profits for the first quarter of 1988 of $126,000, a decline of 19% from net income of $156,000 for the comparable period in 1987. Revenues for the insulation services company totaled $5.4 million in the quarter ended March 31, 7% higher than the $5.1 million recorded a year earlier.