Lasco Manufacturing has released their results for the year
- The company has surpassed the $8 billion mark in sales. Sales up 4%
- Hits a record $1.4 billion in profits for 12 months
- The company was on track for a record year based on their third quarter performance
- On the balance sheet side, the company has over $1.9 billion that it needs to collect… (expected credit losses) over 18% of their assets