Detail akcie US Automotive Mfg online

Business Summary: U.S. Automotive Manufacturing Inc. is engaged in the manufacture, assembly and distribution of new and rebuilt automotive friction products. Together with its wholly-owned subsidiaries Quality Automotive Company and U.S. Automotive Friction, Inc., the Company manufactures a full line of friction automotive products, including brake lining, integrally molded and riveted brake pads and remanufactured brake shoes. The Company markets various grades of friction lining, asbestos, non-asbestos organic and semi-metallic formulas, suitable for use by the automotive and light truck after-markets. The Company's products are marketed under the Brakes Worth Stopping For, Silent Solution, Gold Max, Dual Friction, Ultra Brake, Ustop and Quality Automotive tradenames and various private label packaging.
Financial Summary: BRIEF: For the nine months ended 30 September 2000, US Automotive Manufacturing Inc revenues decreased 31% to $14.4M. Net loss increased from $1M to $16.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Interest Expenses increase of 10% to $1.7M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.96 to -$12.34.