Webco Industries Inc. (OTC: WEBC), Sand Springs, OK, reported sales for fiscal year 2017 of $384.9 million, a 16.5 percent increase over the same period a year ago. The company reported a profit of $5.6 million, compared to a loss of $3.2 million the prior year.
Fourth-quarter sales were $106.6 million, a 26.9 percent increase over the same period a year ago. The company reported a profit of $1.4 million for the quarter, compared to a loss of $0.6 million the prior year.