Marine Products Corporation

MPX

US5684271084

Recreational Products

Market Closed - Nyse Other stock markets 04:00:01 2024-04-24 pm EDT			5-day change	1st Jan Change
11.1 ^USD	-1.25%		+3.74%	-2.63%

Apr. 23	South Korea Producer Prices Rise at Faster Rate of 1.6% in March	MT
Apr. 16	South Korea’s Export Price Index Increases 0.4% in March	MT

Marine Products Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022

July 27, 2022 at 06:47 am EDT

Marine Products Corporation reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 95.81 million compared to USD 67.26 million a year ago. Net income was USD 9.96 million compared to USD 5.79 million a year ago. Basic earnings per share from continuing operations was USD 0.29 compared to USD 0.17 a year ago. Diluted earnings per share from continuing operations was USD 0.29 compared to USD 0.17 a year ago.
For the six months, sales was USD 172.43 million compared to USD 145.63 million a year ago. Net income was USD 17.02 million compared to USD 13.89 million a year ago. Basic earnings per share from continuing operations was USD 0.5 compared to USD 0.41 a year ago. Diluted earnings per share from continuing operations was USD 0.5 compared to USD 0.41 a year ago.

Latest news about Marine Products Corporation

South Korea Producer Prices Rise at Faster Rate of 1.6% in March	Apr. 23	MT
South Korea’s Export Price Index Increases 0.4% in March	Apr. 16	MT
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South Korea Reports Higher Producer Prices in February	Mar. 21	MT
South Korean Shares Slightly Dip Amid Focus on January FOMC Meeting Minutes	Feb. 21	MT
South Korea Reports Higher Producer Prices in January	Feb. 20	MT
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Groupe Berkem to Buy Spanish Industrial Site from Givaudan	Feb. 06	MT
Transcript : Marine Products Corporation, Q4 2023 Earnings Call, Jan 25, 2024	Jan. 25
Earnings Flash (MPX) MARINE PRODUCTS CORPORATION Reports Q4 Revenue $70.9M	Jan. 25	MT
Marine Products Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Jan. 25	CI
Marine Products Corporation Declares Regular Quarterly Cash Dividend, Payable on March 11, 2024	Jan. 25	CI
North American Morning Briefing :Stock Futures Steady Ahead of GDP Report; More Earnings in Focus Too	Jan. 25	DJ
South Korea’s Producer Prices Accelerate in December 2023	Jan. 23	MT
South Korean Shares Climb on Wall Street's Overnight Gains	Jan. 23	MT
South Korea's Producer Prices Rise 1.2% in December 2023	Jan. 22	MT
South Korean Shares Close Lower on Profit-Taking Ahead of Christmas	Dec. 21	MT
South Korea's Producer Prices Rise 0.6% in November	Dec. 20	MT
USP Group Appoints CEO	Dec. 17	MT
USP Group Names Acting COO	Dec. 17	MT
USP Group Promotes Financial Controller to Acting Finance Chief	Dec. 17	MT
South Korea to Raise Seafood Supplies to Alleviate Inflation Pressures	Nov. 29	MT
Feed One Returns to Profit in Fiscal H1 on Increased Sales Volume	Nov. 27	MT
South Korea October Producer Prices Cool	Nov. 21	MT
Interest Rates, Geopolitics Blunt Asian Stock Markets	Nov. 16	MT

Chart Marine Products Corporation

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Company Profile

Marine Products Corporation is a manufacturer of fiberglass boats. The Company offers a range of products to the family recreational markets through its Chaparral brands and to the sport fishing market through its Robalo brands. The Company manufactures Chaparral sterndrive pleasure boats including SSi and SSX models, and the Chaparral Surf Series. It also manufactures Chaparral outboard pleasure boats which include OSX Luxury Sportboats and SSi outboard models. Its product line includes Chaparral - SSi Sport Boats, Chaparral - SSX Sport Boats, Chaparral - Surf Series, Chaparral - OSX Sport Boats, Robalo - Center Consoles, Robalo - Cayman Bay Boats and Robalo - Dual Consoles. The Company sells its products through approximately 203 domestic independent authorized dealers, consisting of 64 Chaparral dealers, 49 Robalo dealers and 90 dealers that sell both brands located in markets throughout the United States. The Company also sells its products through around 87 international dealers.

Sector

Recreational Products

Calendar

2024-04-24 - Q1 2024 Earnings Release

Related indices

Russell 2000

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Income Statement Evolution

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

11.1 USD

Average target price

11.14 USD

Spread / Average Target

+0.36%

Consensus

Quarterly earnings - Rate of surprise

Company calendar

Sector Sailing Yachts & Motorboats

	1st Jan change	Capi.
MARINE PRODUCTS CORPORATION	-2.63%	385M
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FERRETTI S.P.A.	-3.83%	1.01B
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Sailing Yachts & Motorboats