|
|
Article: Business Digest Nov. 7, 2006
- Article from:
- St. Joseph News-Press
- Article date:
- November 7, 2006
CopyrightCopyright 2006 St. Joseph News-Press. Provided by ProQuest LLC. (Hide copyright information)
|
Seaboard reports
$61M in earnings
Seaboard Foods reported net earnings of $61 million for the
quarter that ended Sept. 30. The earnings were based on net sales of
$678 million.
The Shawnee Mission, Kan., company also reported earnings of
$48.51 per share, for a dividend of 75 cents per share. The figures
compare to net earnings of $52 million and earnings per share of
$41.90 for the third quarter of 2005.
Seaboard markets all the pork produced at the Triumph Foods plant
in St. Joseph.
In a filing with the Securities and Exchange Commission, Seaboard
noted that in September, the company signed a federal consent degree
to pay $240,00 in civil penalty because of environmental pollution ...