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Article: Masisa S.A. Posts Financial Results as of December 31, 2007.
- Article from:
- PR Newswire
- Article date:
- February 21, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SANTIAGO, Chile, Feb. 21 /PRNewswire-FirstCall/ -- MASISA S.A. (hereinafter referred to as "Masisa" or "the Company"), a leading wood board for furniture manufacturing and marketing company in Latin America, today posted its consolidated financial statements for the fourth quarter of 2007.
Q4'07 HIGHLIGHTS
-- Sales in the fourth quarter of 2007 amounting to US$259.7 million, they
were 16.6% up on the same period of 2006, driven by higher prices of
wood boards for furniture (MDF and PB), which offset the lower sales of
MDF and finger joint mouldings and sawn wood, mainly due to the
slowdown of the housing ...
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Article: Masisa S.A. Agrees to Sell 90% of Forestal Argentina S.A. ...
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June 2, 2007 ;
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... ... million Net income of US$29 million - Masisa has signed a binding agreement to sell ... assets valued at US$107.2 million, Masisa will book a net income of approximately ... S.A., the majority shareholder of Masisa (10%). SANTIAGO, Chile, June 2 ...
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