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Wynn’s International Inc.: The automotive-products maker reported...

Wynn’s International Inc.: The automotive-products maker reported a profit of $8.9 million for 1993, up 23% from $7.2 million. Revenue for the year of $284.9 million was down 2%.

Wynn’s profits, equal to $1.62 a share, were boosted by the performance of the company’s automotive sealing products and automotive chemicals. The Orange-based company’s auto air-conditioning unit, hit by the recession, posted declines in revenue and earnings.

For the fourth quarter, the 55-year-old company reported a $2.2-million profit, up from $2 million in the final period of 1992. Revenue of $69.9 million was up 4%. The per-share basis of the company’s earnings, adjusted for a 3-for-2 stock split in September, was 37 cents.

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James Carroll, Wynn’s president and chief executive, said he expects continued improvement in the auto industry and the worldwide economy this year and projected annual earnings growth of 10% to 20%.

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