Profits at Crown Book Corp. and Trak Auto Corp. declined in the third quarter ended Oct. 31, though sales at both Landover-based companies were sharply higher for the quarter and the first nine months of the year.
At Crown Books, profits for the quarter were $810,000 (10 cents a share) on sales of $24.7 million, compared with profits of $870,000 (11 cents) on sales of $20.7 million for the same quarter of 1983. For the first nine months, the discount book chain, founded as part of the Dart Drug Corp. empire, had profits of $2.44 million (30 cents) on sales of $72.8 million, compared with $2.02 million (32 cents) on sales of $57.9 million for the year-ago period.
Crown operates 179 book stores in the Washington area, California, Houston, Chicago and Seattle.
Trak Auto, another division spun off from Dart Drug, reported profits of $902,000 (15 cents) for the third quarter, 13 percent below the $1.04 million (17 cents) profit recorded in the comparable 1983 period. However, sales at the company -- excluding its half ownership in Trak Auto West -- were up 32 percent for the quarter, to $20.8 million from $15.8 million. For the first nine months, profits were $2.97 million (49 cents) on sales of $53.14 million, compared with profits of $3.68 million on sales of $43.47 million for the comparable 1983 period.
At Trak Auto West, third-quarter sales were $8.9 million. Sales for the nine-month period were $24.2 million.
Trak Auto operates 84 stores in the Washington, Richmond and Chicago areas. Trak Auto West has 46 stores in the Los Angeles area.
* Survival Technology Inc., a Bethesda firm that manufactures devices to treat emergency health problems, lost $1.09 million (41 cents a share) in the first quarter ended Oct. 31, compared with a profit of $93,300 (4 cents) for the same quarter in 1983.
Executive Vice President Cabot R. Caskie blamed the loss on a delay in a Defense Department contract for the company's Mark I chemical antidote kit. In a statement, the company said negotiations are continuing on that contract, which could be worth as much as $10 million. "The timely award of this contract, together with cost reduction measures implemented earlier this year, should result in a return to profitability," the company said.
Sales for the quarter were $4.24 million, almost 35 percent below sales for the comparable period last year.
* The Math Box Inc. reported profits of $742,269 (30 cents a share) for the third quarter ended Oct. 31, almost three times the $232,709 (11 cents) reported for the third period of 1983.
Third-quarter sales also were sharply higher at the Rockville-based retailer of personal computers, climbing to $16.95 million compared with sales of $4.77 million for the same period of last year.
For the first nine months, profits were $1.25 million (51 cents) on sales of $32.9 million. In the comparable 1983 period, Math Box had profits of $393,955 (19 cents) on sales of $10.01 million.
* Tesdata Systems Corp., a McLean supplier of computer resource management systems and data communications systems, posted a loss of $652,000 (50 cents a share) for the third quarter ended Sept. 30, a slight rise from the $672,000 (52 cents) net loss reported in the comparable period in 1983.
Revenue for the period was $3.64 million, compared with $2.9 million in the third quarter of last year.
During the quarter, Tesdata sold its red-ink-plagued European operations to Dynatech Corp. for approximately $2.6 million, part of which was used to repay all of the company's outstanding bank debt.
"The sale to Dynatech significantly strengthened Tesdata financially," President Thomas E. Stone said in a statement.
The company also announced plans to sell its money-losing subsidiary, Connections Telecommunications Inc. of Bridgewater, Mass., back to its original owner.
For the first nine months, Tesdata lost $2.77 million ($2.14) on revenue of $8.59 million. In the comparable 1983 period, Tesdata lost $830,000 (65 cents) on revenue of $9.9 million.