American Vanguard Corp.

The Newport Beach agricultural products company reported first quarter net income of $77,800, or 3 cents a share, contrasted with a net loss of $525,400, or 19 cents a share, for the same period last year. Sales rose 16% to $11.8 million. The company attributed part of the sales gain to its acquisition of the soil insecticide business from DuPont Co. in the first quarter.