Survival Technology of Bethesda reported its operating profits for the second quarter jumped 44 percent to $262,000 (11 cents a share) from $182,000 (7 cents.)
Revenues for the three months ended Jan. 31, grew 47 percent to $4.2 million from $2.9 million, primarily because of stepped up shipments of automatic injectors of chemical warfare antidotes.
For the first half of the year, Survival Technology said earnings before extra ordinary items climbed to $737,000 (30 cents) from $411,200 (17 cents).
A year ago the company's profits increased by $163,000 in the quarter and $273,000 in the half because of tax writeoffs from previous losses.
PHH Group of Hunt Valley, Md., posted a 33 percent increase in earnings for the first three quarters of its fiscal year as profits climbed to $11.6 million ($1.87) from $8.7 million ($1.43) in the same period a year ago.
For the latest quarter, ended Jan. 31, PHH earned $2.4 million (39 cents) down from $2.6 million (43 cents). Profits for both periods were reduced by an accounting change which took $44,000 off the nine-month profits and $532,000 off the quarterly earnings.