Lower Overhead Cited in $333,000 Profit at Certron of Anaheim - Los Angeles Times
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Lower Overhead Cited in $333,000 Profit at Certron of Anaheim

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Certron Corp., the Anaheim maker and distributor of audio and video recording materials, announced net income of $333,000 for fiscal 1986, ended Oct. 31.

For fiscal 1985, Certron reported a loss of $133,000 after the costs of closing the company’s Anaheim audiocassette plant, which totaled more than $500,000.

Sales for fiscal 1986 were $25.9 million, down slightly from $26.8 million a year earlier. The company would not release fourth-quarter results for fiscal 1986.

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Company Treasurer Terry Frisco attributed the profit increase to the overhead the company saves by importing its audio and video tapes from Asia. The firm closed another of its plants, a plastic molding facility in Anaheim, earlier this year. A $123,000 charge related to the plant closing was included in the fiscal 1986 results.

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