Fort Lauderdale, Fla.-based Ocean Bio-Chem, which makes a variety of products that serve the RV and marine industries, announced that it set records for net income both in the most recent quarter and the first six months of the year.
The company had a net income of $ 3.5 million during the recent quarter, an increase of 242 percent, and its net income was $4.1 million during the first two quarters of the year, an increase of 136 percent year-over-year.
For the second quarter of 2020, it posted record net sales of approximately $15.7 million, compared to net sales of approximately $10.9 million in the second quarter of 2019.