Intermark, a La Jolla-based conglomerate of manufacturing...

Intermark, a La Jolla-based conglomerate of manufacturing and retailing companies, reported a first-quarter profit of $270,000 on sales of $209 million, off from a profit of $804,000 on sales of $195 million for the same quarter last year.

Intermark attributed the decrease in profit to losses at several of Intermark’s companies, including Dynamark and Munson Sporting Goods. A loss was also reported by Triton Group, the La Jolla company that is 39% owned by Intermark.