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P&F Industries' sales jump, net inches higher

2014-11-12 23:48:53| Appliances - Topix.net

P&F Industries Inc., a Melville maker of air-powered tools and residential hardware, Wednesday posted a 12 percent increase in revenue for the third quarter, but a less than 1 percent increase in net income as selling, general and administrative expenses climbed. Revenue rose to $22.9 million from $20.5 million in the 2013 quarter, but net income inched up to $816,000 from $810,000.

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