| Business Summary | | Abrams
Industries,
Inc.
engages
in
construction
of
retail
and
commercial
projects
and
investment
in
income-producing
properties,
including
acquisition,
development,
re-development
and
sale.
Prior
to
July
2000,
the
Company
engaged
in
the
property
management
of
properties
in
which
it
had
an
ownership
or
leasehold
interest.
The
Company
operates
through
two
business
segments,
Construction,
which
conducts
business
through
a
wholly
owned
subsidiary,
Abrams
Construction,
Inc.,
and
Real
Estate,
which
also
conducts
business
through
a
wholly
owned
subsidiary,
Abrams
Properties,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ABRI
engages
in
the
construction
of
retail
and
commercial
properties,
and
asset
management
of
income-producing
properties.
The
Company
announced
in
12/99
the
cessation
and
liquidation
of
its
store
fixture
manufacturing
operations.
For
the
fiscal
year
ended
4/30/01,
revenues
fell
11%
to
$154.6
million.
Net
income
from
continuing
operations
before
extraordinary
item
fell
84%
to
$376
thousand.
Results
reflect
the
absence
of
real
estate
sales
and
an
increase
in
doubtful
accounts. Recent Earnings Announcement For
the
3
months
ended
07/31/2001,
revenues
were
40,082;
after
tax
earnings
were
164. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Alan Abrams, 45 Co-Chairman,
Pres, CEO | $392K | J. Andrew Abrams, 40 Co-Chairman | 274K | Melinda Garrett, 44 CFO,
Director | 304K | B. Michael Merritt, 50 Pres
of Abrams Construction, Inc., Director | 346K | Gerald Anderson, II, 37 Pres
and CEO of Abrams Properties, Inc. | 332K | Dollar amounts are as of 30-Apr-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|