Marine Products has been doing quite well recently, with sales and profits rising nicely. See why I think a buy rating is appropriate for MPX stock.
Marine Products Corporation (NYSE:NYSE:MPX) Q2 2022 Earnings Conference Call July 27, 2022, 08:00 AM ET Company Participants Ben Palmer - President and CEO Mike Schmit - CFO Jim Landers -…
Marine Products press release (MPX): Q2 GAAP EPS of $0.29.Revenue of $95.8M (+42.5% Y/Y). The increase in net sales was primarily due to a 22 percent increase in the average selling…
Marine Products (MPX) declares $0.12/share quarterly dividend, in line with previous.Forward yield 4.85%Payable Sept. 9; for shareholders of record Aug. 10; ex-div Aug.
ATLANTA, July 5, 2022 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the second quarter ended June 30, 2022 on Wednesday, July 27, 2022 before the market opens. In conjunction with its earnings release, the Company…
Marine Products Corp (NYSE: MPX ) has promoted its CFO, Ben M. Palmer, to assume the roles of President … Full story available on Benzinga.com
Marine Products (MPX) said Tuesday Richard Hubbell, president and CEO, will transition to the role of executive chairman.CFO Ben Palmer has been promoted to president and CEO, and…
Marine Products Corporation (NYSE:NYSE:MPX) Q1 2022 Results Conference Call April 27, 2022 08:00 AM ET Company Participants Rick Hubbell - President and CEO Ben Palmer - CFO Jim Landers -…
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ATLANTA , July 6, 2021 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX ) announced today that it will release its financial results for the second quarter ended June 30, 2021 on Wednesday, July 28, 2021 before the market opens. In conjunction with its earnings release, the Company will host a conference call to review the Company''s financial and operating results on Wednesday, July 28, 2021 at 8:00 a.m. Eastern Time . Individuals wishing to participate in the conference call should dial toll-free Full story available on Benzinga.com
Global Deck Hatches Market Key Players, Business Approaches And Geographical Analysis Amid COVID-19 Pandemic The report on Deck Hatches Market published by Market Research Store Overview By Industry Top Manufactures, Trends, Industry Growth, Size, Analysis & Forecast Till 2028 the report come up with 150+ pages PDF with TOC including a list of figures []
" The COVID-19 pandemic and sluggish overseas markets cast their shadow over India''s resurgent seafood sector as the country exported 11,49,341 tonne of marine products worth Rs 43,717.26 crore (USD 5.96 billion) during 2020-21, registering a contraction of 10.88 per cent as compared to a year earlier," commerce ministry said.
Mustera Property Group have appointed PACT Construction to deliver its $89 million Applecross project.
RGCA, the research and development arm of the government-owned Marine Products Export Development Authority (MPEDA), had applied for the patent in 2011.
Thermal papers are largely used for commercial applications such as POS, ATM, credit card receipts, tickets, and several other printing records. However, the thermal paper application is extended to the medical industry to print the ultrasound, ECG, and further imaging
ATLANTA, Jan. 27, 2021 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter and year ended December 31, 2020. Marine Products is a leading manufacturer of fiberglass boats under three brand names: Chaparral, Robalo and Vortex. Chaparral's…
ATLANTA, Jan. 27, 2021 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a 25 percent increase to the regular quarterly cash dividend from $0.08 per share to $0.10 per share payable March 10, 2021 to common stockholders of record…
Mustera Property Group has announced plans to launch its $88 million Forbes Residences project in Applecross to the market in January 2021.
ATLANTA, Dec. 15, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) today announced the appointment of Patrick J. Gunning to the Board of Directors of the Company effective January 1, 2021. Gunning is the Chief Financial Officer of the Robert W. Woodruff Arts Center, Inc. in…
ATLANTA, Dec. 15, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) today announced the appointment of Susan Bell to the Board of Directors of the Company effective January 1, 2021. Bell recently retired from Ernst and Young LLP (EY) after a 36-year career in public accounting,…
Marine Products (NYSE:MPX) is scheduled to be releasing its earnings data before the market opens on Wednesday, October 28th. Analysts expect Marine Products to post earnings of $0.20 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link. Marine Products (NYSE:MPX) last announced […]
ATLANTA, Oct. 7, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the third quarter ended September 30, 2020 on Wednesday, October 28, 2020 before the market opens. In conjunction with its earnings release, the…
ATLANTA, Oct. 1, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that during the third quarter of 2020 it purchased 97,940 shares under its share repurchase program. Marine Products Corporation (NYSE: MPX) is a leading manufacturer of fiberglass boats under…
ATLANTA, Aug. 26, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) today announced yesterday's appointment of Gary W. Rollins as Chairman of its Board of Directors. Rollins, who joined the Marine Products Corporation Board in 2001, succeeds R. Randall Rollins, who served as…
ST. PAUL, Minn.--(BUSINESS WIRE)--3M, 3M Innovative Properties Co. and Mitsubishi Paper Mills Ltd. have signed a patent license agreement for the use of 3M’s metal mesh technology.
Marine Products (MPX) delivered earnings and revenue surprises of -42.86% and -30.58%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Mustera Property Group has been given the green light to proceed on its Forbes Residences proposal in Applecross, following two rejected development applications and a revision from 20 storeys down to 13.
Investigation indicates UK shoppers may be indirectly and unknowingly consuming wild fish in their farmed fish products The UK's leading supermarkets are being accused of "turning a blind eye" to environmentally destructive fishing practices linked to the farmed seafood they sell, after a study found consumers may be unknowingly and indirectly eating hundreds of thousands of tonnes of wild fish. The study, which was carried out by NGO Changing Markets Foundation and environmental campaign group Feedback, shines a spotlight on the widespread use of fishmeal and fish oil (FMFO) - often sourced from fish caught in the wild - to feed farmed seafood. With more than 90 per cent of the world's marine fish stocks estimated to be fished to their limit or overfished, according to a UN report , farmed seafood is often seen as a more sustainable alternative to fishing at sea. However, as much as a fifth of global wild fish and seafood catch is used to produce FMFO to supply farmed livestock, fish, and seafood, according to previous research by Changing Markets.
Commenting more specifically on the fourth quarter, Wilhelmsen says: 'The positive development in sales of marine products continued into the fourth quarter, supported by the industry's… | February 13, 2020
ATLANTA , Jan. 29, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX ) announced its unaudited results for the quarter ended December 31 , 2019. Marine Products is a leading manufacturer of fiberglass boats under three brand names: Chaparral, Robalo and Vortex. Chaparral's sterndrive models include SSi and SSX, along with the Chaparral Surf Series. Chaparral's outboard offerings include various models, such as OSX Luxury Sportboats, the 257 SSX, and SunCoast Sportdecks. Robalo builds an array of outboard sport fishing boats, which include center consoles, dual consoles and Cayman Bay Boat models. Chaparral also offers jet powered boats under the Vortex brand name. For the quarter ended December 31, 2019 , Marine Products generated net sales of $48,175,000 , a 22.4 percent decrease compared with net sales of $62,062,000 in the same period of the prior year. During the quarter, unit sales declined by 21.0 percent, as sales declined across all model lines. Average selling price declined by 1.3 percent due to a change in model mix.
MUMBAI: Even though the government has decided to stay out of the world's largest trade block RCEP, the 15-nation grouping offers a market potential of USD 125 billion if domestic firms improve competitiveness in 24 identified product categories, as per a World Trade Centre study. Citing domestic concerns, the government walked out of the 16-country Regional Comprehensive Economic Partnership (RCEP) in November last year. The 15 RCEP countries together accounted for 57 per cent or USD 105 billion of India's overall trade deficit in FY19, with China itself contributing to USD 54 billion of this. It can be noted that India is among the top 15 exporters of these 24 product categories globally and have strong demand in China, Korea, Australia, Japan, Indonesia, the Philippines, Malaysia, Thailand, Cambodia and Vietnam. "The domestic industry can benefit from USD 125.6 billion market potential, especially in sectors like metals, textiles and marine products, in 10 of these RCEP countries," says the World Trade Center Mumbai, quoting the latest UN Comtrade data, which is the repository of international trade statistics.
ATLANTA, Jan. 8, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the fourth quarter ended December 31, 2019 on Wednesday, January 29, 2020 before the market opens. In conjunction with its earnings release, the…
ATLANTA , Jan. 2, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX ) announced today that during the fourth quarter of 2019 it purchased 88,983 shares under its share repurchase program. Marine Products Corporation (NYSE: MPX ) designs, manufactures and distributes … Full story available on Benzinga.com
Sources also added a Chinese trade delegation visited India on October 9, 2019, and signed a contract for import of marine products worth $500 million in the next two years.
The Indian Embassy in Beijing along with Marine Products Export Development Authority (MPEDA) organised a promotional event and buyer seller meet on marine products on Wednesday on the sidelines of China Fisheries and Seafood expo in the eastern Chinese port city of Qingdao.
Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no
Marine Products (MPX) delivered earnings and revenue surprises of 9.52% and -1.91%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
NEW DELHI: India's exports dropped by 6.05 per cent to USD 26.13 billion in August compared to the year-ago month, official data released on Friday showed.Imports too declined by 13.45 per cent to USD 39.58 billion, narrowing trade deficit to USD 13.45 billion in August.The deficit was USD 17.92 billion in August last year.Export sectors that recorded positive growth in the last month include iron ore, electronic goods, spices, and marine products.Shipments of gems and jewellery, engineering goods, petroleum products recorded negative growth, according to the data.Oil imports declined by 8.9 per cent to USD 10.88 billion, and non-oil imports fell by 15 per cent to USD 28.71 billion.Cumulatively, during April-August 2019, exports were down 1.53 per cent to USD 133.54 billion while imports contracted by 5.68 per cent to USD 206.39 billion.Gold imports plunged 62.49 per cent to USD 1.36 billion in August.
In April 1992, Nitin Agrawal’s first batch of Nashik grapes weighing 84 tonnes reached a port in Suffolk. His client, Marks & Spencer, inspected and okayed the size and freshness of the fruits that were on a cargo ship for three weeks. Agrawal, an engineerturned-entrepreneur, heaved a sigh of relief.India had its first export of grapes to the United Kingdom. The multinational retailer then surprised him with a bonus of 10,000 pounds besides immediately clearing all payments.Twenty-seven years later, Marks & Spencer continues to be Agrawal’s client. The only difference is that his Mumbai-based company Euro Fruits now has a turnover of Rs 125 crore and exports grapes to 19 European countries.Agrawal says the 250 farmers from Nashik, Latur and Solapur in Maharashtra, who cultivate the grapes for him following strict export timelines, have also risen with him. He says the farmers earn Rs 75-80/kg for premium grapes while the domestic varieties sell for half of that amount. 70621548 Farming, OutboundThe Narendra Modi government also believes a boost to farm export is a sure-shot way to help double farmers’ income by 2022.
Zacks.com featured highlights include: Marine Products, Amedisys, Universal Forest Products, NVR and AllianceBernstein
Marine Products (MPX) delivered earnings and revenue surprises of 28.57% and 9.29%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Marine Products (MPX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks.com featured highlights include: Medifast, Shoe Carnival, Marine Products, Amedisys and NVR
The Zacks Analyst Blog Highlights: G-III, Comcast, Marine Products and Johnson Outdoors
NEW DELHI: India has sought greater access for agricultural and animal husbandry products in Chinese market to boost exports and bridge trade deficit with the neighbouring country, an official said.Necessary documents for bovine meat, milk and milk products have been submitted to China's General Administration of Customs of China (GACC).China does not permit imports of Indian bovine meat due to fears over foot-and-mouth disease.The issues were raised during a meeting between Commerce Secretary Anup Wadhawan and GACC Vice Minister Li Guo here Thursday.India informed the Chinese side that it is exporting de-glanded and de-boned frozen meat to as many as 70 countries since several years."China has stated that they would look into the issue," the official said.In the meeting, China sought greater market access for its dairy products such as chocolates and candies; and apple, pear and marigold seeds.India has banned import of chocolates, chocolate products, candies/ confectionary/ food preparations with milk or milk solids as an ingredient from China since September 2008.The ban was imposed on apprehensions of melamine presence in some some milk consignments from China.
Marine Products Corporation (NYSE:MPX) Q1 2019 Results Earnings Conference Call April 24, 2019 08:00 AM ET Company Participants Rick Hubbell - President and CEO
MPX earnings call for the period ending March 31, 2019.
Marine Products (MPX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.