Adm Tronics Unlimited, Inc. Reports Earnings Results for the Second Quarter Ended September 30, 2020
November 16, 2020 at 04:18 pm EST
Share
ADM Tronics Unlimited, Inc. announced earnings results for the second quarter ended September 30, 2020. For the second quarter, the company announced sales was USD 927,085 compared to USD 956,791 a year ago. Operating income was USD 5,366 compared to operating loss of USD 43,748 a year ago. Net income was USD 61,911 compared to net loss of USD 27,409 a year ago. For the half year, sales was USD 1.496 million compared to USD 1.787 million a year ago. Operating loss was USD 178,504 compared to operating Income of USD 25,537 a year ago. Net loss was USD 159,825 compared to net income of USD 25,360 a year ago.
ADM Tronics Unlimited, Inc. is a technology-based developer and manufacturer of diversified lines of products and services in various areas, including electronics for non-invasive medical and other applications; research, development, regulatory and engineering services; and environmentally safe chemical products for industrial, cosmetic, and topical uses. The Company operates in three segments: Chemical, Electronics and Engineering. It offers a range of engineering services, including research, development, quality control and quality assurance services along with regulatory compliance services. The Company has developed several medical and cosmetic topical products. Its water-based, adhesive, and related topical formulations are used for maxillofacial prosthetic medical applications and for professional makeup applications primarily for special makeup effects for film, television, and theatrical productions. The Company's wholly owned subsidiary is Sonotron Medical Systems, Inc.
ADM TRONICS UNLIMITED, INC. 
