ATLANTA AP - Marine Products Corp., which makes fiberglass boats, said Wednesday its first-quarter profit rose 5 percent due to a lower tax rate.But the company cautioned that it made an unspecified number of job cuts due to current economic conditions.For the period ended March 31, earnings increased to $4.1 million, or 11 cents per share, compared with $3.
April 23, 2008 at 12:00 AM
1 minute read
ATLANTA AP – Marine Products Corp., which makes fiberglass boats, said Wednesday its first-quarter profit rose 5 percent due to a lower tax rate.
But the company cautioned that it made an unspecified number of job cuts due to current economic conditions.
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