Calnetics Corp. Income Jumps 52% in 1st Quarter

Calnetics Corp.’s net income jumped 52% on a 3% increase in sales for the first quarter that ended Sept. 30, 1993.

The Chatsworth company posted net income of $108,000, up from $71,000 for the same period in 1992. Sales in the latest quarter were $3.94 million, up from $3.82 million for the same period a year earlier.

Calnetics is a manufacturer of molded-plastic components and plastic sheeting that serves the industrial-plastics and the building-materials industry.