Cimco’s Yearly Net Is $2.6 Million

Cimco Inc., the Costa Mesa manufacturer of plastic components, reported net income of $2.6 million for its fiscal year ended April 30, up 30% from $2 million for fiscal 1990. Revenue rose 12% to $64.5 million from $57.4 million.

For the fourth quarter, the company earned $722,642, down 33% from $1.1 million a year earlier. Revenue rose 4% to $17.5 million from $16.8 million.