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February 12, 2003
By: TOM BRANNA
Editor
CPAC, Inc., a manufacturer and marketer with holdings in the cleaning and personal care and imaging industries, today reported third quarter and nine-month results for fiscal year 2003 ended December 31, 2002. Net sales for the quarter were up 2.3% to $23.7 million compared to $23.1 million for the same quarter last year. Net income was $500,000. For the nine months ended December 31, 2002, net sales declined 2.2% to $72.1 million. After the impact of SFAS No. 142, which resulted in an adjustmen...
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