Strattec Security’s net income down 56% y/y to USD1.9 million in Q3
Net sales up 5.8% y/y to USD94 million
Strattec Security’s net income declined by 56.8% year-on-year (y/y) to USD1.9 million in the third quarter ended 27 March 2016, the company announced in a press release on 21 April. Income from operations totaled USD3.84 million, down by 34.9% y/y. Net sales for the period were up by 5.8% y/y to USD94 million.
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