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Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients
Ampac Fine Chemicals Reports Operating Profits
8:14 AM MDT | August 10, 2012 | Deepti Ramesh
Ampac Fine Chemicals (AFC; Rancho Cordova, CA), a subsidiary of American Pacific (Las Vegas), recorded an operating profit of about $5.2 million in its fiscal third quarter, ended June 30, 2012, compared with an operating loss of $500,000 in the corresponding period of the previous fiscal year. Third-quarter sales increased 18.1%, to $36.4 million. In the fiscal first nine months, ended June 30, AFC recorded sales of $78.4 million and operating profits of $3 million, compared with sales of $60.8 million and an adjusted operating loss of $7.8 million in the first...
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