Sales for the quarter declined by 4.8% to USD80.2m as compared with USD84.2m in the preceding quarter and was up by 4.7% as compared with USD76.6m 9m in the second quarter of 2007. For the first half of 2008 sales totalled USD164.4m, as compared with USD144.4m in the first half of the prior year.
Net income for the quarter was USD1.2m or USD0.02 per diluted share, as compared with net income of USD2.6m or USD0.04 per diluted share in the second quarter of 2008 and net income of USD5.8m or USD0.09 per diluted share in the corresponding quarter of the prior fiscal year.
For the first six months of 2008 net income was USD3.8m or USD0.06 per diluted share, as compared with a net income of USD11.8m or USD0.18 per diluted share in the corresponding period of the prior year.
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