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Home > Company Index > Food, Beverage & Tobacco > Agricultural Operations & Products > Atlas Pacific Limited

Atlas Pacific Limited
Nasdaq (SC): APCFY
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 NEWS FROM THE STANDARD
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 PROFILE
Atlas Pacific irritates its oysters on a daily basis. The firm owns pearling operater PT Cendana Indopearls and has established joint ventures with Indonesian pearl farms to escape the tight regulations on Australia's pearl industry. Atlas Pacific hatches, raises, nucleates (seeds each oyster with an irritating bead) oysters, and harvests any resultant pearls. It has more than 600,000 oysters in various stages of growth. Increasing pollution and political turmoil drove the company to close its hatchery in West Timor, Indonesia; the work was moved to its main operation in Irian Jaya, Indonesia. The Dampier Investment Group owns nearly 16% of the company.

 COMPETITION
M. Fabrikant & Sons (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 3.80
1-Yr. Sales Growth: 8.6%
Employees: 170
Revenue per employee: $22,352.94

 KEY PEOPLE
• Lucian Frederick Petersen
    CEO
• Simon Charles Bunbury Adams
    CFO

 CONTACT INFO
25-29 Delawney St.
Balcatta WA 6021, Australia
Phone: 61-8-9240-4522
Fax: 61-8-9240-4566
Online: Web Site

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