Wynn’s Net Income Down by 16% Wynn’s Profits Down 16% in ’90

Wynn’s International Inc. posted net income of $6.4 million for 1990, a 16% decline from $7.6 million in 1989.

The 1989 figure included a first-quarter gain of $1.4 million from the sale of a joint-venture interest.

Sales rose slightly to $285.1 million from $283.9 million. For the fourth quarter, earnings were stable at $1.5 million, while sales increased to $72.4 million, up 7% from $67.5 million. Wynn’s, based in Fullerton, is a supplier of car parts and accessories, petrochemical specialty products and builders’ hardware