Not if the additional cost is more than the additional revenue.
Let's assume that without binning you get 20% over cost of manufacturing. If it costs 5% more to bin-check all resistors, and you wind up selling 1% of them for an additional 100% mark-up:
No bin Bin
Cost to mfg: $ 1.00 $ 1.00
Cost to bin: .05
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Total cost $ 1.00 $ 1.05
Base price $ 1.20 $ 1.188 (99% sold at base)
Premium price 0.00 $ 0.022 (1% sold at un-binned cost x 2.2)
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Total revenue $ 1.20 $ 1.21
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Profit $ 0.20 $ 0.16