Seneca Foods, the vegetable processing group, has reported net sales for the nine months to 31 December 2005 up 3.5% to US$717,017,000 from $693,019,000 for the comparable period last year.
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The year-to-date net earnings were US$13,043,000; or $1.16 per diluted share, as compared with $5,434,000; or $.48 per diluted share, last year.
Operating income for the nine-month period increased 87% to $33,265,000.
For the quarter ended December 31, 2005, net sales increased 2.7% to $316,253,000 from $307,966,000 for the comparable period last year. The current quarter’s net earnings were $6,936,000; or $.62 per diluted share, as compared with a loss of $1,513,000; or $.14 per diluted share last year.
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