Uniroyal Global Engineered Products, Inc. Reports Earnings Results for the Third Quarter Ended October 4, 2020
November 18, 2020 at 04:01 pm EST
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Uniroyal Global Engineered Products, Inc. announced earnings results for the third quarter ended October 4, 2020. For the third quarter, the company announced sales was USD 15.171 million compared to USD 22.033 million a year ago. Operating loss was USD 877,436 compared to operating Income of USD 749,012 a year ago. Net loss was USD 1.013 million compared to net income of USD 277,374 a year ago. For the nine months, sales was USD 43.528 million compared to USD 71.523 million a year ago. Operating loss was USD 2.219 million compared to operating Income of USD 2.761 million a year ago. Net loss was USD 998,910 compared to net income of USD 1.273 million a year ago.
Uniroyal Global Engineered Products, Inc. is focused on manufacturing and selling vinyl coated fabric products. Its brand names include Naugahyde, BeautyGard, Flame Blocker, Spirit Millennium, Ambla, Amblon, Velbex, Cirroflex, Plastolene, and Vynide. The Company's products are used in various applications, such as automotive and non-automotive transportation, certain indoor/outdoor furniture, commercial and hospitality seating, healthcare facilities, and athletic equipment. In the automotive industry, its products are used primarily in seating, door panels, head and arm rests, security shades, and trim components, including instrument panels, door casings, seating, gear lever and steering column gaiters, headliners, and load space covers. Non-automotive applications include outdoor seating for utility and sports vehicles, sheeting used in medical and toxic hazard protection, personal protection, moisture barriers, stroller and nursery equipment, and decorative surface applications.
UNIROYAL GLOBAL ENGINEERED PRODUCTS, INC. 
