Covid-19, production adjustments lead to tough Q1 for Marine Products Corp

> Subscriber-only, By Craig Ritchie2020-04-29T14:00:00

Marine Products Corp, manufacturer of the Chaparral, Robalo and Vortex fibreglass boat brands, released its 2020 first quarter financial results on Wednesday reporting double-digit declines in net sales, gross profits and operating profits. The Atlanta-based builder is listed on the New York Stock Exchange and is the second largest US boat manufacturer in terms of volume, with 2019 total units of …

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