Tufco Technologies Inc. (TFCO, Financial) filed Quarterly Report for the period ended 2011-12-31.
Tufco Technologies Inc. has a market cap of $12.9 million; its shares were traded at around $3.05 with and P/S ratio of 0.1.
The Company depends on two Contract Manufacturing customers for a significant portion of its business. One customer accounted for 19% of the Companys total net sales in the first quarter of fiscal 2012 compared to 21% for the same period in fiscal 2011. The other significant customer accounted for 26% of the Companys total net sales in the first quarter of fiscal 2012 compared to 38% for the same period in fiscal 2011.
Consolidated gross profit decreased $669,000 (61%) for the first quarter of fiscal 2012 when compared to the first quarter of fiscal 2011. This was primarily due to a decrease of $647,000 (79%) in the Contract Manufacturing segment and a slight decrease of $22,000 (8%) in the Business Imaging segment.
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Tufco Technologies Inc. has a market cap of $12.9 million; its shares were traded at around $3.05 with and P/S ratio of 0.1.
Highlight of Business Operations:
Consolidated net sales increased $1.5 million (6%) to $25.7 million in the first quarter of fiscal 2012, when compared to the same period last year. This was due to an increase of $2.0 million (36%) in the Business Imaging segment, partially offset by a decrease of $0.5 million (3%) in the Contract Manufacturing segment.The Company depends on two Contract Manufacturing customers for a significant portion of its business. One customer accounted for 19% of the Companys total net sales in the first quarter of fiscal 2012 compared to 21% for the same period in fiscal 2011. The other significant customer accounted for 26% of the Companys total net sales in the first quarter of fiscal 2012 compared to 38% for the same period in fiscal 2011.
Consolidated gross profit decreased $669,000 (61%) for the first quarter of fiscal 2012 when compared to the first quarter of fiscal 2011. This was primarily due to a decrease of $647,000 (79%) in the Contract Manufacturing segment and a slight decrease of $22,000 (8%) in the Business Imaging segment.
Read the The complete Report
