EXTON, Pa., April 30, 2025 (GLOBE NEWSWIRE) --
Dean W. Rivest, CEO, announced that net sales of Omega Flex, Inc. (the “Company”) for the first quarters of 2025 and 2024 were $23,330,000 and $25,216,000, respectively, decreasing $1,886,000 or 7.5%. Net income for the first quarters of 2025 and 2024 were $3,568,000 and $4,219,000, respectively, decreasing $651,000 or 15.4%. The decrease in net sales and net income was mainly due to lower sales unit volumes as the overall market continued to be suppressed because of, among other factors, a decline in housing starts.
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