| Business Summary | | SunLink
Health
Systems,
Inc.,
formerly
KRUG
International
Corp.,
operates
two
business
segments,
the
United
States
community
hospital
segment
and
the
United
Kingdom
housewares
segment.
The
United
States
community
hospital
segment
is
comprised
of
six
community
hospitals
and
related
businesses
in
the
United
States
that
are
operated
through
its
wholly
owned
subsidiary,
SunLink
Healthcare
Corp.
The
United
Kingdom
housewares
segment
manufactures
and
distributes,
through
its
Beldray
Limited
subsidiary,
housewares
products
in
the
United
Kingdom.
The
Company
has
redirected
its
business
strategy
toward
acquisitions
of
community
hospitals
in
the
United
States.
SunLink
Healthcare
completed
the
purchase
of
six
community
hospitals
and
related
businesses
on
February
1,
2001.
The
Company
disposed
of
its
European
child
safety
subsidiary,
Klippan
Limited,
on
January
29,
2001.
During
fiscal
1999,
the
Company
disposed
of
subsidiaries
in
the
Life
Sciences
and
Engineering
and
Leisure
Marine
businesses. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SunLink
Health
Systems,
Inc.
manufactures
and
distributes
housewares
and
child
safety
products,
primarily
in
the
U.K.,
with
operation
in
several
western
European
countries.
For
the
three
months
ended
6/30/01,
revenues
totaled
$20.5
million
vs.
none.
Net
loss
from
continuing
operations
rose
from
46%
to
$319
thousand.
Reves.
reflect
the
discontinuation
of
housewares
and
child
safety
products.
Higher
loss
reflects
the
inclusion
of
community
hospital
segment
in
the
current
year. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Robert Thornton, Jr., 51 Chairman,
Pres, CEO and Chief Financial Officer | $260K | Mark Stockslager, 40 Controller,
CAO | -- | James Mulligan, 78 Sec. | -- | Marshall Cooper, 55 Managing
Director of Beldray Ltd. | 105K | David Wright, 53 Group
Managing Director of Klippan Ltd. | -- | Dollar amounts are as of 31-Mar-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
|
|