Tag Archives: Marine Products Corp.

Marine Products Corp. appoints new board directors

Marine Products Corporation

Marine Products Corporation announced the appointment of Susan Bell and Patrick J. Gunning 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, serving in key leadership roles. She served clients as an audit and advisory partner, led the EY Southeast Risk Advisory practice, served ...

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Marine Products Corp. reports 3Q financial results

Marine Products Corp. has announced its unaudited results for the quarter ending Sept. 30, 2018. Generated net sales rose to $72 million, a 21.6 percent increase when compared to $59.2 million generated in the same period of the prior year. The increase in net sales was due to a 7.9 percent increase in units sold coupled with a 12.6 percent ...

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Marine Products Corporation announces 2018 Q2 financial results

Marine Products Corp. has announced its financial results for the quarter ended June 30, 2018.  For the quarter ended June 30, 2018, Marine Products generated record quarterly net sales of $87 million, a 21.7 percent increase, compared to $71.4 million  in the same period of the prior year.  The increase in net sales was due to a 13.3 percent increase ...

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Marine Products Corp. reports first quarter 2018 results

Marine Products Corp. has announced a net sales increase of 9.1 percent for first quarter 2018. The increase in net sales was due to a 9.6 percent increase in the average selling price per boat, as well as an increase in parts and accessories sales, the company reported. For the quarter ending March 31, 2018, Marine Products generated net sales of ...

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Marine Products Corp. reports fourth quarter 2017 results

Marine Products Corp. has announced a net sales increase of almost 15 percent for the fourth quarter of 2017. Higher unit sales were reported for the company's Chaparral Surf Series models, its larger Chaparral SSX Sportboats, and Robalo Explorer models.  "Our fourth quarter 2017 financial results were driven by higher volumes and a model mix which included larger boats, both of ...

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