VTN’s Net Doubles: VTN Corp., the Orange-based...
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VTN’s Net Doubles: VTN Corp., the Orange-based engineering, land-planning and consulting firm, said net income more than doubled for the fiscal year ended May 31, to $1.9 million from the $713,333 reported for the previous year. Sales declined 10%, to $11.1 million from $12.4 million for the previous year. Fourth-quarter figures were not available. Chairman Daniel C. Montano said the company’s domestic land development engineering business is feeling the industry softness occurring across the country.
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