For Better Living Inc. reported a net...
- Share via
For Better Living Inc. reported a net loss of $1 million for the third quarter ended Sept. 24. The results included a $500,000 write-down of the company’s investment in oil and gas properties and a $2.8-million write-down of the company’s investment in Apache Securities. For the comparable period of the prior year, the company posted net income of $795,000. Net sales rose 9%, to $24.5 million from $22.5 million a year earlier. The net loss for the 9-month period was $73,000, contrasted with net income of $1.7 million for the year-earlier period. Net sales totaled $64.3 million, a 10% increase from the $58.5 million posted a year ago. The diversified San Juan Capistrano-based company has interests in concrete, plastics and magazine publishing.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.