USA: SMC Corporation Reports Second Quarter Results for 2000
Today SMC Corporation (Nasdaq: SMCC - news) released its results for the three month period and six month period ending June 30, 2000. For the three months ending June 30, 2000, SMC reported sales of $45.4 million and a net loss of $3.1 million. This compares to sales of $53.8 million and a net loss of $149,000 for the three month period ending June 30, 1999. For the six month period ended June 30, 2000, sales were $98.5 million and the Company incurred a net loss of $3.4 million. This compares to sales of $110.6 million and a net loss of $41,000 recorded for the six month period ended June 30, 1999.
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