Brief: Marine Products Corp Report Q3 Earnings Per Share Of $0.23

Marine Products

23/10/2019 11:56

Oct 23 (Reuters) - Marine Products Corp  MPX.N :
    * ORATION REPORTS THIRD QUARTER 2019 FINANCIAL RESULTS
    * Q3 EARNINGS PER SHARE $0.23
    * Q3 SALES $72.21 MILLION VERSUS $72.01 MILLION
    * CONTINUED SECULAR WEAKNESS IN STERNDRIVE RECREATIONAL BOAT
MARKET DROVE OUR OVERALL UNIT SALES LOWER IN QUARTER
    * QTRLY AVERAGE GROSS SELLING PRICES INCREASED BY 5.8% ,
SALES
DISCOUNTS DECREASED SLIGHTLY
    * CONTINUE TO ASSESS DEALER AND CONSUMER DEMAND FOR 2020
MODEL
YEAR

Source text for Eikon:  ID:nPn73qpcsa 
Further company coverage:  MPX.N 

 ((Reuters Messaging: Reuters.Briefs@thomsonreuters.com))