Marine Products: Fourth Quarter Earnings Overview

Marine Products Corp. Announces Fourth Quarter Financial Results

Marine Products Corp., headquartered in Atlanta, revealed a net profit of $2.4 million for the fourth quarter.

The company reported earnings of $0.07 per share, with adjusted earnings—excluding pretax costs—reaching $0.10 per share.

During this quarter, the manufacturer of recreational boats generated $64.6 million in revenue.

For the full fiscal year, Marine Products Corp. achieved a total profit of $11.4 million, or $0.32 per share, on revenues amounting to $244.4 million.