Alpha Pro Tech, Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 09:00 am EDT
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Alpha Pro Tech, Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 16.12 million compared to USD 17.37 million a year ago. Net income was USD 1.15 million compared to USD 0.693 million a year ago. Basic earnings per share from continuing operations was USD 0.1 compared to USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 0.1 compared to USD 0.05 a year ago.
For the six months, sales was USD 29.91 million compared to USD 35.03 million a year ago. Net income was USD 1.7 million compared to USD 2.22 million a year ago. Basic earnings per share from continuing operations was USD 0.14 compared to USD 0.17 a year ago. Diluted earnings per share from continuing operations was USD 0.14 compared to USD 0.17 a year ago.
Alpha Pro Tech, Ltd. is a Canada-based company, which is engaged in developing, manufacturing and marketing a line of protective apparel garments, face masks and face shields and a line of construction weatherization building products for the housing market. Its products are sold both under the Alpha Pro Tech brand name as well as under private labels. Its products are classified into two business segments: The Building Supply segment, and The Disposable Protective Apparel segment. The Building Supply segment consists of construction weatherization products, such as house wrap and synthetic roof underlayment, as well as other woven materials. The Disposable Protective Apparel segment consists of a head-to-toe disposable protective garment (shoe covers, bouffant caps, coveralls, gowns, frocks and lab coats), face masks and face shields. It serves the markets such as pharmaceuticals, biopharmaceuticals, medical device manufacturing, lab animal research, construction supply and more.
ALPHA PRO TECH, LTD. 
