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Marine Products Corp. Rebounds

Marine Products Corp. Rebounds
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Marine Products Corp Q2 sales up 65%

Marine Products Corp Q2 sales up 65%
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Marine Products Corp reports strong Q1 results


IBI Premium Content, by Craig Ritchie2021-04-29T09:06:00
Chaparral, Robalo and Vortex boats parent reports 106% YOY increase in operating profit, 92% gain in net income
Georgia, US-based fibreglass boat builder Marine Products Corp released very strong 2021 first quarter results on Wednesday, reporting significant year-over-year increases in net sales, gross margin, gross profit, operating profit and net income.
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Marine Products: Q1 Earnings Snapshot


Marine Products: Q1 Earnings Snapshot
April 28, 2021
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On a per-share basis, the Atlanta-based company said it had net income of 24 cents.
The recreational boat maker posted revenue of $78.4 million in the period.
Marine Products shares have increased 23% since the beginning of the year. The stock has risen 85% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MPX at https://www.zacks.com/ap/MPX
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