| Business Summary | | Multimedia
Concepts
International,
Inc.
is
a
holding
company
for
its
wholly
owned
operating
subsidiary,
U.S.
Apparel
Corp.
(USAC)
The
Company's
other
subsidiary,
United
Textiles
&
Toys
Corp.
ceased
all
operating
activities
in
1998.
USAC
designs
and
manufactures
a
line
of
private-label
knit
cotton
tops
(such
as
T-shirts
and
polo
shirts)
for
boys
and
men.
USAC's
garments
consist
of
original
designs
and
modifications
and
copies
of
existing
designs. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Multimedia
Concepts
International,
Inc.,
through
its
subsidiaries,
is
engaged
in
the
design
and
manufacture
of
a
line
of
private
label
knit
cotton
tops
predominantly
for
men,
consisting
of
T-shirts
and
polo
shirts.
For
the
fiscal
year
ended
3/31/01,
revenues
increased
47%
to
$3.2
million.
Net
income
totalled
$359
thousand,
up
from
$74
thousand.
Results
reflect
increased
sales
to
primary
customer,
and
increased
minority
interests
in
consolidated
subsidiary. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
1,282;
after
tax
earnings
were
156. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | |
| Position | Ilan Arbel, 49 | Pres,
CEO | Rivka Arbel, 48 | VP | Allean Goode, 69 | Sec.,
Treasurer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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