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Sunday, September 05, 2010 2:17:28 PM
APT $1.57 daily and weekly charts LINK BACK FOR OVER 700 CHARTS
Second quarter 2010 consolidated revenue decreased 22.9%, to $11.2 million, from $14.5 million in the second quarter of 2009, primarily due to a decrease in demand for N-95 respirator masks relating to the H1N1 Influenza A pandemic in 2009.
Building Supply segment sales for the second quarter of 2010 increased 29.4%, to $4.9 million, from $3.8 million in the same quarter of 2009. The Company added to Building Supply segment sales staff in anticipation of significant growth opportunities.
Inventory increased by $4.8 million, or 36.4%, to $17.9 million as of June 30, 2010, from $13.1 million as of December 31, 2009. The increase was primarily due to an increase in inventory for the Disposable Protective Apparel segment to strengthen our position in the marketplace, an increase in inventory in the Infection Control segment due to a stockpiling of N-95 particulate respirator masks and an increase in inventory in the Building Supply segment due to increased sales.
Second quarter 2010 consolidated revenue decreased 22.9%, to $11.2 million, from $14.5 million in the second quarter of 2009, primarily due to a decrease in demand for N-95 respirator masks relating to the H1N1 Influenza A pandemic in 2009.
Building Supply segment sales for the second quarter of 2010 increased 29.4%, to $4.9 million, from $3.8 million in the same quarter of 2009. The Company added to Building Supply segment sales staff in anticipation of significant growth opportunities.
Inventory increased by $4.8 million, or 36.4%, to $17.9 million as of June 30, 2010, from $13.1 million as of December 31, 2009. The increase was primarily due to an increase in inventory for the Disposable Protective Apparel segment to strengthen our position in the marketplace, an increase in inventory in the Infection Control segment due to a stockpiling of N-95 particulate respirator masks and an increase in inventory in the Building Supply segment due to increased sales.
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