Brief: Marine Products Q1 Earnings Per Share $0.12

Marine Products

29/04/2020 12:32

April 29 (Reuters) - Marine Products Corp  MPX.N :
    * REPORTS FIRST QUARTER 2020 FINANCIAL RESULTS
    * Q1 EARNINGS PER SHARE $0.12
    * Q1 SALES FELL 28.8 PERCENT TO $59.12 MILLION
    * DECREASED PRODUCTION DURING Q1 OF 2020 IN ORDER TO REDUCE
DEALER
INVENTORIES
    * DEALER INVENTORIES ARE ALMOST 10 PERCENT LOWER AT END OF
Q1 OF
2020 COMPARED TO PRIOR YEAR

Source text for Eikon:  ID:nPn6szG8xa 
Further company coverage:  MPX.N 

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