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People & Business :: Companies

May 23, 2007

Weak Construction Markets Tear Down Georgia Gulf Earnings

Peck Hwee Sim

Georgia Gulf swung to a net loss of $34.6 million, $1.01/share, for the first quarter, significantly lagging analysts’ consensus estimates of 35 cts/share. The company reported net income of $33.7 million for the year-ago period. Sales were up 26%, to...

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