Chad Therapeutics’ Sales, Earnings Jump

Chad Therapeutics, a Chatsworth maker of oxygen devices for medical uses, reported record sales and revenues for the first quarter that ended June 30. Earnings for the quarter were up 69% to $955,000 from $566,000 in the first quarter last year. Revenues for the quarter were up 52% to $5.28 million from $3.47 million last year.

The company attributed the results to increased sales of its products, which grew at virtually the same rate both in this country and overseas.