Brief: Marine Products Corp Reports Fourth Quarter 2018 Results

Marine Products

23/01/2019 11:51

Jan 23 (Reuters) - Marine Products Corp  MPX.N :
    * ORATION REPORTS FOURTH QUARTER 2018 FINANCIAL RESULTS
    * Q4 SALES FELL 5.4 PERCENT TO $62.06 MILLION
    * Q4 EARNINGS PER SHARE $0.14
    * MARINE PRODUCTS - Q4 INTERNATIONAL SALES DECREASED BY MORE
THAN
50 PERCENT, TO 3.2 PERCENT OF TOTAL SALES, DUE TO IMPACT OF
TRADE TARIFFS ENACTED DURING 2018
    * ORDER BACKLOG AT END OF Q4 WAS HIGHER THAN AT END OF Q4 OF
LAST
YEAR

Source text for Eikon:  ID:nPn3jYzn1a 
Further company coverage:  MPX.N 

 ((Reuters.Briefs@thomsonreuters.com;))