Strong Sales Push Wynn’s International to Net Income Record

Wynn’s International Inc. said net income reached a record high for the fourth quarter on an 11% increase in sales.

The supplier of O-rings and sealing products, specialty chemical products and builders hardware supplies said net income totaled $6.7 million, or 34 cents a share, up from $6.1 million, or 29 cents a share, for the 1996 fourth quarter. Sales rose to $82.7 million from $74.6 million. For the year, net income was $26.2 million, or $1.29 a share, 28% higher than the $20.4 million, or 97 cents a share, recorded for 1996. Sales rose 11% to a record $321 million from $288.5 million.