GreenMan Technologies Reports Q2 Earnings Increase

Lynnfield, Mass. -- GreenMan Technologies Inc. has reported net sales for the second quarter ended March 31, 2002, of $5.56 million, compared with net sales of $4.58 million for the same quarter last year. Operating profit was $418,000, compared with operating profit of $175,000 for the same quarter last year. Net income of $214,000, compared with net income of $192,000 for the same quarter last year.