| Business Summary | | ARC
International
Corporation,
during
1999
and
1998,
operated
primarily
in
three
business
segments:
Cable
Television,
Sports
Supply
and
Sports
and
Leisure.
Cable
Television
operations
include
the
distribution
of
cable
and
related
equipment
to
the
Canadian
cable
television
industry.
The
Sports
Supply
Segment
designs,
installs
and
manufactures
refrigeration
units
and
dasher
board
systems
to
the
ice
rink
industry
as
well
as
distributes
a
line
of
ice
rink
supplies
and
arena
accessories.
The
Sports
and
Leisure
segment
includes
operations
of
three
recreational
facilities
owned
by
the
Company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ATVL,
through
its
subsidiaries,
develops,
operates
and
supplies
full-service
equipment
to
ice
skating
facilities
in
North
America.
The
Company
also
supplies
broadband
cable
equipment.
For
the
six
months
ended
6/00,
net
sales
rose
13%
to
$23
million.
Net
loss
from
continuing
operations
according
to
U.S.
GAAP
totalled
$35.6
million,
up
from
$4.1
million.
Results
reflect
increased
sales
in
the
Cable
Television
business,
offset
by
the
inclusion
of
writedowns
of
balance
sheet
items. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Arnold Tenney | Chairman,
Pres, CEO | Jeffery Chelin | VP,
CFO, Sec., Treasurer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|