Home / Knowledge / News / Apparel/Garments / Alpha Pro Tech announces Q1 financial results
Alpha Pro Tech announces Q1 financial results
15
May '08
Alpha Pro Tech a leading manufacturer of products designed to protect people, products and environments, including disposable protective apparel and building products, announced its financial results for the first quarter 2008, the period ended March 31, 2008.

Consolidated sales for the first quarter ended March 31, 2008 decreased 16.8% to $7.5 million from $9.0 million in the comparable quarter in 2007. Sales for the Disposable Protective Apparel segment for the quarter decreased 17.2% to $4.5 million compared to $5.4 million for the same period of 2007.

The Infection Control segment sales for the quarter decreased 28.2% to $1.4 million compared to $2.0 million for the same period of 2007. The Extended Care segment sales were down 22% to $266,000 from $341,000 in the year-ago period. Engineered Products segment sales for the quarter increased by 3.3% to $1.4 million compared to $1.3 million for the same period of 2007.

Al Millar, President of Alpha Pro Tech commented, “We experienced a slowdown in quarterly sales of Disposable Protective Apparel primarily as a result of weaker sales to the segment's largest distributor and to other clean room and industrial distributors. Shipments to our largest distributor were lower due to some of their end-users closing their manufacturing facilities, due to some lost business and due to some end-users that have decided to change distributors.

We expect to retain this business through other distributors but, are experiencing a slowdown in sales during this transition from our largest distributor to other distributors. In addition, our largest distributor has adjusted their inventory levels which decreased our sales to them in the first quarter.


Must ReadView All

Courtesy: Ministry of Trade and Industry, Singapore

Textiles | On 14th Nov 2018

Vietnam ratifies trans-Pacific trade pact CPTPP

Vietnam’s 14th National Assembly recently adopted a resolution...

Courtesy: EU Chamber of Commerce

Textiles | On 14th Nov 2018

PRC promises unrealised: EU Chamber of Commerce in China

The European Union (EU) Chamber of Commerce in China has said the...

Zimbabwe’s firm sacks 200 as S Africa scraps trade pact

Apparel/Garments | On 14th Nov 2018

Zimbabwe’s firm sacks 200 as S Africa scraps trade pact

Zimbabwe’s apparel company Archer Clothing is witnessing fears of...

Interviews View All

C. Dhandayuthapani, Mag Solvics Pvt. Ltd

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Akash Khetan, Narayan Tex Fab

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Anvita Mehra, Confidential Couture

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Lucilla Booyzen,

Lucilla Booyzen

South African Fashion Week (SAFW) is a B2B marketing platform for fashion, ...

Kamal Kulshreshth,

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Manuele Baggini,

Manuele Baggini

Comec Italia Srl is a world leader in the production of printing machines. ...

Ray Baughman, University of Texas -Dallas

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Mohammad Hassan, Biax Fiberfilm

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Giulio Cesareo, Directa Plus SpA

Giulio Cesareo
Directa Plus SpA

Established in 2005, Direct Plus SpA, is one of the largest producers and...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


November 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search