Hi-Lex profits surge on strong sales, extraordinary gains
Hi-Lex reported year-over-year increases in net sales and profits, citing strong operating results and extraordinary gains including a large bargain purchase. Nine new subsidiaries were consolidated, and the full-year outlook projects continued growth in sales, profit and dividends.
Net sales and profits surged year-over-year, driven by strong operating results and significant extraordinary gains, including a large bargain purchase.
Nine new subsidiaries were consolidated, and the full-year outlook projects continued growth in sales, profit, and dividends.Original document: Hi…