Ceramic Industry News

Zemex Announces First Quarter 2001 Earnings Results

May 3, 2001
/ Print / Reprints /
/ Text Size+
Zemex recently reported first quarter net income of $0.08 per share, up from a loss per share of $0.21 for the corresponding period of 2000.

Zemex Corp. recently reported first quarter net income of $0.08 per share, up from a loss per share of $0.21 for the corresponding period of 2000. Although revenue, year over year, declined from $19.7 million in the first quarter of 2000 to $16.6 million in 2001, the corporation's gross margin improved from 29.7 to 31.1%. The decline in revenue was due to the shedding of marginal business in Alumitech, the suspension of operations of Zemex Mica Corp., and the sale of two of the company's talc conversion facilities during the quarter. Over the first quarter of 2001, feldspar operations continued to perform very well. This material serves the sanitaryware and tile industries, which in turn serve the housing market. The "low iron sand" product, developed in the mid 1990s, has shown a good increase over the tonnage sold in the first quarter of 2000 and should continue at this elevated rate over the full year.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

April 2014 Issue Highlights

Our April 2014 issue is now available!


Sapphire: An Extreme Performer

Ian Doggett of Goodfellow and CI Editor Susan Sutton discuss the benefits and opportunities provided by industrial sapphire.

More Podcasts

Ceramic Industry Magazine

CI July 2014

2014 July

Our annual Data Book & Buyers' Guide is your best resource for suppliers of materials and equipment for the ceramic, glass, brick and related industries. Check it out!

Table Of Contents Subscribe


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px