Summa Industries: The Fullerton manufacturer of equipment...

Summa Industries: The Fullerton manufacturer of equipment and industrial products reported a profit of $70,000, or 4 cents a share, for the second fiscal quarter, down from the $209,000, or 21 cents a share, recorded for the same period last year. Sales for the quarter ended Feb. 28 increased to $3.3 million from $2.5 million. For the first half, profit totaled $300,000, or 19 cents a share, on sales of $6.5 million. That compares with a profit of $352,000, or 36 cents a share, on sales of $4.7 million for the corresponding six-month period a year earlier.