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Article: CompX Reports Second Quarter 2009 Results.(Financial report)
- Article from:
- Science Letter
- Article date:
- August 18, 2009
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CompX International Inc. (NYSE: CIX) announced sales of $29.2 million for the second quarter of 2009 compared to $43.7 million in the same period of 2008. For the six months ended June 30, 2009, sales were $57.7 million compared to $84.2 million in the previous year. CompX reported an operating loss of $949,000 in the second quarter of 2009 compared to income of $4.5 million in the same period in 2008, and reported an operating loss of $1.9 million for the six months ended June 30, 2009 compared to income of $8.0 million for 2008. The 2009 operating losses include aggregate charges relating to litigation expenses and a valuation adjustment for assets held for sale of $1.6 ...
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