Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter and year ended December 31, 2020. Marine Products is a 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 OSX Luxury Sportboats, the 267 SSX OB, SSi outboard models ...
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Marine Products Corporation, manufacturer of Chaparral, Robalo and Vortex. announced its unaudited results for the quarter ended September 30, 2020. Marine Products generated net sales of $68,778,000, a 4.8% decrease compared to $72,212,000 in the same period of the prior year. The decrease in net sales was due to a 10.4% reduction in the number of units sold during the quarter as compared to ...
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Marine Products Corporation announced the passing of R. Randall Rollins, the Chairman of the Board, who died at the age of 88 following a short illness. Long-standing board member Henry B. Tippie, who serves as lead director, and Richard A. Hubbell, Chief Executive Officer and board member, will continue in their respective leadership roles until succession plans are announced. “The Board of ...
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Marine Products Corporation — manufacturer of Chaparral, Robalo and Vortex announced its unaudited results for the quarter ended Dec. 31, 2019. For the quarter ended Dec. 31, 2019, Marine Products generated net sales of $48,175,000, a 22.4% 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%, as sales declined across all ...
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