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Dominion Textile reports first quarter figures.

The 19th largest roll goods producer, Dominion Textile, Montreal, Quebec, Canada, recently reported results for the first quarter of 1993 for the period ending September 30. Sales totaled $294.6 million, down from $320.1 million for the first quarter of 1992.

However, excluding operations that were sold or discontinued during the last fiscal year, sales increased by 8%. Income rose substantially to $27.4 million, up from $7.4 million a year ago, the result of improved performance at most operating units; this was driven by higher volumes and selling prices, lower cotton costs and improved operating efficiencies.
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Title Annotation:first quarter 1993 fiscal year sales results for period ending September 30, 1992
Publication:Nonwovens Industry
Article Type:Brief Article
Date:Dec 1, 1992
Words:99
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