| Business Summary | | Global-Tech
Appliances
Inc.,
formerly
known
as
Wing
Shing
International
Limited,
is
a
designer
and
manufacturer
of
a
wide
range
of
small
household
appliances.
The
Company's
products,
all
of
which
are
manufactured
in
China,
are
sold
under
brand
names
such
as
Black
&
Decker,
DeLonghi,
Dirt
Devil,
Hamilton
Beach,
Krups,
Morphy
Richards,
Moulinex,
Mr.
Coffee,
Proctor-Silex,
Remington,
Sunbeam,
Vidal
Sassoon
and
West
Bend.
The
Company
manufactures
over
160
different
models,
primarily
in
six
product
categories:
kitchen
appliances,
such
as
coffeemakers,
breadmakers
and
deep
fryers;
personal,
beauty
and
healthcare
products,
such
as
hair
dryers
and
hair
setters;
garment
care
products,
such
as
steam
irons;
travel
products
and
accessories,
such
as
travel
irons;
floor
care
products,
such
as
upright
vacuum
cleaners
and
hand-held
steam
vacuum
cleaners;
and
environmental
care
products,
such
as
humidifiers
and
air
cleaners. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Global-Tech
is
an
original
designer,
manufacturer
and
marketer
of
a
wide
range
of
small
household
appliances
in
six
catagories:
kitchen
appliances;
personal,
beauty
and
health
care;
garment
care;
floor
care;
travel;
and
environmental
care
products.
For
the
fiscal
year
ended
3/31/01,
revenues
rose
17%
to
$108.4
million.
Net
income
fell
68%
to
$2.8
million.
Results
reflect
higher
sales
of
floor
care
products,
offset
by
a
$5
million
inventory
write-off
charge. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Kwong Sham, 67 | Chairman | John Sham, 36 | Pres,
Chief Exec. and Financial Officer | Neil Bailey, 55 | Director
of Sales, Marketing and Special Projects | Cheok Lee, Ph.D., 37 | Director
of HR | Brian Yuen, 44 | Director;
CEO, Global-Tech USA Inc. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|