Cubic profits remain flat, sales drop during "transitional year"
Profits at Cubic Corp., San Diego, remained flat as the company goes through "a transitional year" in 1997. Profits increased less than $200,000 to $2.7 million, as sales fell from $110.9 million in 1996 to $96.2 million this year. The revenue drop was primarily caused by the sale of the company's...
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