Prolong International Corp. - Los Angeles Times
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Prolong International Corp.

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The Irvine maker of automotive-appearance products said it lost $1.6 million, or 6 cents a share, for the second quarter, contrasted with net income of $115,724, or 1 cent a share, for the year-earlier period. Sales rose 43% to a record $12 million. The company attributed the loss in part to higher-than-expected costs associated with its new line of products, and said it has taken steps to reduce selling, general and administrative expenses.

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