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Performance Fabric Market - Forecast(2022

The industrial sector is projected to drive the growth of the market during the forecast period due to increasing demand for protective clothing in Firefighting, Military, Oil Refinery, and Mining department. ....

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Uniroyal Global Engineered Products, Inc. Reports Financial Results for the Second Quarter Ended July 4, 2021

Uniroyal Global Engineered Products, Inc. Reports Financial Results for the Second Quarter Ended July 4, 2021
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Uniroyal Global Engineered Products, Inc. Reports Financial Results for the First Quarter Ended April 4, 2021

Uniroyal Global Engineered Products, Inc. Reports Financial Results for the First Quarter Ended April 4, 2021
SARASOTA, Fla., May 14, 2021 (GLOBE NEWSWIRE) Uniroyal Global Engineered Products, Inc. (OTCQB:UNIR) today reported its financial results for the first fiscal quarter of 2021 ending April 4, 2021.
Financial Summary
Net Income was $1,036,001 versus $280,274 for first quarter of last year
Net Income per Common Share was $0.06 versus a loss of ($0.14) last year
Overview
The first quarter of fiscal 2021 marked a return to profitability for the Company as customers stepped up their production to meet heightened demand levels as COVID-19 related restrictions eased, particularly in the U.S. However, this quarter cannot be characterized as a return to normalcy as we continued to face challenges such as a significant increase in raw material prices. We raised prices late in the first quarter of this year which will help mitigate the cost increases, but the ....

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