Servotronics Inc. (NYSE MKT: SVT)
Here’s how they describe themselves on their web site: “Servotronics, Inc. is dedicated to the satisfaction and support of our customers by fulfilling and exceeding their product requirements for Value, Quality, Reliability, and On-time Deliveries. The continuous advancement of the “State-of-the-Art” in all areas of our endeavors is of primary importance. This commitment to our customers manifests itself from the time need and concept are first determined through to and inclusive of design, development, prototype, production and ultimate end-use of our products. All challenges are viewed as achievement based opportunities for which continuous improvement has no end. Servotronics is a team player whose expertise, efforts and support synergistically combine to create the cutting edge of technology and value.”
Why we we like them? go to the August 12th release:
“Servotronics, Inc. (NYSE MKT: SVT) reported an 80% increase in net income to $504,000 (or $0.22 per share Basic and Diluted) for the second quarter ended June 30, 2013 as compared to net income of $280,000 (or $0.13 per share Basic and Diluted) for the comparable period ended June 30, 2012. Net income for the six month period ended June 30, 2013 was $681,000 (or $0.30 per share Basic and Diluted) as compared to net income for the six month period ended June 30, 2012 of $349,000 (or $0.17 per share Basic, $0.16 per share Diluted), which represents an approximate 95% increase in net income.”