Regions :: North America :: U.S.
Ampac Fine Chemicals Reports an Operating Loss
3:45 AM MDT | May 15, 2012 | Deepti Ramesh
Ampac Fine Chemicals (AFC; Rancho Cordova, CA), a subsidiary of American Pacific Corp. (Las Vegas, NV), has recorded an operating loss of about $1 million in its fiscal second quarter ended March 31, 2012, compared with an operating loss of $838,000 in the year-ago period. Sales for the second quarter increased 28%, to $20.6 million, mainly due to strong anti-viral products revenues, AFC says. Anti-viral products sales increased 45% in the second quarter, compared with the year-ago quarter. The increases in anti-viral products sales were offset by lower...
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