Viskase Companies, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 23, 2019 at 04:33 am EDT
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Viskase Companies, Inc. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was USD 94.995 million compared to USD 96.996 million a year ago. Operating loss was USD 3.233 million compared to operating Income of USD 4.531 million a year ago. Net loss was USD 6.447 million compared to USD 2.881 million a year ago.
Viskase Companies, Inc. is a producer of non-edible cellulosic, fibrous and plastic casings, which is used to prepare, and package processed meat products. The Company provides value-added support services relating to these products for consumer products companies. The Companyâs products include cellulose casings, plastic casings, fibrous casings, netting and fabric, transfer casings, and applied technologies. Cellulose Casings are designed for automated production of tubular sausages, such as hot dogs, cooked sausages, dry salamis, pepperoni, mortadella. Plastic casings are casings for processed meat and poultry applications. Fibrous casings can be used for a range of applications, including pepperoni, salami, luncheon meats, boneless hams and other deli-style processed meats. The Company operates approximately 10 manufacturing facilities in North America, Europe, South America, and Asia. The Company sells its products in approximately 100 countries throughout the world.
VISKASE COMPANIES, INC. 
