A.E.R.T. ²²12 months1994²° 1993²°
Sales3,675,018 2,043,476
Net incomen(2,090,762) (3,692,773)
²Income per share(0.15) (0.34)
n-Includes nonrecurring gain of $879,373 reported during the first quarter of 1994.
n-On Feb. 28, 1995, the company completed the acquisition of the J.M. Huber plant in Orange, Texas, and completed the purchase of the polypropylene compounding business of Eastman Chemical Co. In March 1995, it commenced operation of a new manufacturing line at its Canadian plant. Revenue from these operations will be reflected in future periods.
BLACK HAWK HOLDINGS INC.
²²12 months1994²° 1993²°
Sales34,076,224 602,466
Net income1,400,434 (887,839)
²Income per share0.24 (0.27)
The company did not release quarterly figures. Black Hawk acquired 91 percent of pipe and tubing products extruder Eagle Plastics Inc. in December 1993. Prior to that acquisition, Black Hawk operated only as an investment holding company with no operating business.
n-Includes acquisition of Twinpak Inc.'s multiwall paper and plastic film industrial bag business completed in the second quarter of 1994.
n-Company reported a loss of 0.47 per share from continuing operations, but that total was offset by an 0.80 per share gain related to the August 1994 divestiture of its Elk Horn Coal subsidiary.
Figures in parentheses are losses.
C$ denotes Canadian dollars.
Source: Nordby International, Boulder, Colo.
