International Aluminum Corp. IAL is an integrated building products manufacturer of diversified lines of quality aluminum and vinyl building products. The Company is headquartered in Monterey Park, California and has approximately 1,500 employees. Operations are conducted through twelve North American subsidiaries. intlalum.com
They do have offices in Georgia and Texas. Low 2 million float with 4 million outstanding. Very thinly traded.
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International Aluminum 4Q Profit Surges
Thursday August 18, 12:21 pm ET
International Aluminum Posts Surge in Fourth-Quarter Profit on Higher Sales
MONTEREY PARK, Calif. (AP) -- Aluminum products maker International Aluminum Corp. on Thursday said its profit surged in the fourth quarter as sales rose 13 percent.
Net income for the latest quarter climbed to $4.4 million, or $1.03 per share, from $2.6 million, or 61 cents per share, last year. Sales increased to $67 million in the period ended June 30, up from $59.3 million.
International Aluminum shares advanced 55 cents to $32.86 in midday trading on the New York Stock Exchange. Over the past 52 weeks, the company's shares have traded between $26.70 and $35.74.
For the full year, the company said income surged to $12.9 million, or $3.04 per share, from $6.7 million, or $1.57 million per share, a year earlier. Sales rose 18 percent to $251.6 million year-over-year.
The company's results for the fourth quarter and full year included pretax expenses of $260,000 and $780,000, respectively, for new requirements under the Sarbanes-Oxley Act, which Congress passed in 2002 amid a wave of bookkeeping scandals. |
