Inscape Announces Higher 2Q Profits

HOLLAND LANDING, ON – Inscape, a designer, manufacturer and distributor of office furniture, reported an increase in its fiscal second quarter profits to $1.1 million, from about $25,000 in 2006, according to thestar.com. The company did warn, however, that sales in the current quarter will be less than the same quarter last year. Sales in the quarter ended Oct. 31 rose to $24.3 million, up 7% from $22.7 million during the same quarter of 2006. Read more.

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