For the first quarter ended March 31, 2001, Vita Food Products, Inc. (Amex: VSF) yesterday announced net income of $59,000, or $0.02 per share, compared with a net income of $44,000 or $0.01 per share in the first quarter of 2000, an increase of $15,000 or $0.01 per share. The increase in quarterly earnings was due primarily to lower operating expenses.