| Business Summary | | WRP
Corporation,
through
its
wholly
owned
subsidiary,
American
Health
Products
Corporation
(AHPC),
markets
non-sterile,
ambidextrous
latex,
vinyl
and
synthetic
examination
gloves
used
primarily
in
the
medical,
dental,
food
service
and
retail
industries.
Gloves
are
marketed
by
AHPC
under
the
brand
names
"Glovetex"
and
"DermaSafe"
to
medical/surgical
distributors,
dental
distributors,
nursing
homes
and
food
service
distributors.
AHPC
also
sells
gloves
to
other
companies,
which
market
the
gloves
under
their
own
brand
names
or
"private
labels."
In
addition
to
the
standard
latex
powdered
examination
gloves,
AHPC
distributes
other
product
lines
which
include
powder-free
latex
exam
gloves,
vinyl
exam
gloves
and
synthetic
exam
gloves. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | WRPC
is
a
manufacturer
and
marketer
of
disposable
latex
medical
examination
gloves.
The
Co.
sells
its
gloves
primarily
to
the
medical,
dental,
food
service
and
retail
markets.
For
the
comparable
nine
months
ended
3/01,
revenues
fell
24%
to
$39
million.
Net
loss
totalled
$267
thousand
vs.
an
income
of
$2
million.
Revenues
reflect
the
elimination
of
sales
from
Novation
NovaPlus
brand
products.
Net
loss
reflects
the
costs
of
a
separation
agreement
with
the
former
president. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
12,800;
after
tax
earnings
were
503. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | | Lew
Kwong
Ann,
Chmn./CEO Neil
Kosterman,
Pres. Alan
Zeffer,
CFO Robert
C. Carter,
Asst. Secy. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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