Arts Way Manufacturing, (Nasdaq: ARTW), a manufacturer and distributor of agricultural machinery, equipment and services, based in Armstrong, Iowa, reported on April 13 that its latest quarterly profit for the 3 months ending February 28 was up by $30,000 over the same period last year.
Chairman Ward McConnell said the manufacturer of farm machinery niche equipment earned $123,427 for the quarter, up from $97,637 a year earlier.
The increased profit was accomplished despite a 17%…
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