Universal Mfg. Co. reported unaudited consolidated financial results for the second quarter and six months ended January 31, 2016. For the quarter, sales were $16,426,463 against $5,897,292 a year ago. Loss before income taxes was $221,840 against earnings before income taxes of $644,314 a year ago. Net loss was $146,415 or $0.18 per diluted share against net income of $578,996 or $0.69 per diluted share a year ago. Net sales were up substantially over previous year driven by the acquisition of the operations in Shelby, NC. The company's cash flow increased over $3.2 million for the quarter.

For the six months, sales were $55,009,379 against $11,154,108 a year ago. Earnings before income taxes was $3,978,405 against $583,943 a year ago. Net income was $2,625,746 or $3.14 per diluted share against $582,066 or $0.70 per diluted share a year ago. The company's cash flow increased over $4.1 million year to date.