| Business Summary | | CTI
Industries
Corporation
is
engaged
in
the
development,
manufacture,
sale
and
distribution
of
two
principal
lines
of
products:
novelty
products
and
specialty
and
printed
films.
Novelty
products,
principally
balloons,
include
"mylar"
balloons,
latex
balloons,
punch
balls
and
other
inflatable
toy
items.
The
Company's
specialty
and
printed
films
are
intended
for
food
packaging,
specialized
consumer
uses,
and
various
commercial
applications. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CTI
Industries
manufactures
and
sells
mylar
balloons.
CTI
Industries
also
sells
latex
balloons,
novelty
and
``message''
items,
toy
products
and
produces
laminated
and
speciality
films
for
food
packaging
and
other
commercial
uses.
For
the
three
months
ended
3/01,
revenues
fell
15%
to
$6.1
million.
Net
loss
totalled
$133
thousand
vs.
income
of
$176
thousand.
Results
reflect
decreased
metallized
balloon
sales,
and
increased
interest
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
6,876;
after
tax
earnings
were
60. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Schwan, 56 Chairman | -- | Howard Schwan, 46 Pres | $146K | Stephen Merrick, 59 Exec.
VP, Sec. | 75K | Mark Van Dyke Sr.
VP | -- | Brent Anderson, 34 VP-Manufacturing | -- | Dollar
amounts are as of 31-Dec-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
|
|