falken industries ltd (FLKI:OTC US)
falken industries ltd (FLKI) Snapshot
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Open
$0.02
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Previous Close
$0.02
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Day High
$0.02
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Day Low
$0.02
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52 Week High
06/26/12 - $0.03
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52 Week Low
06/8/12 - $0.01
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Market Cap
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Average Volume 10 Days
7.3K
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EPS TTM
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Shares Outstanding
0.0
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EX-Date
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P/E TM
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Dividend
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Dividend Yield
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Related News
falken industries ltd (FLKI) Related Businessweek News
No Related Businessweek News Foundfalken industries ltd (FLKI) Details
Falken Industries Ltd develops, manufactures, and commercializes various lines of cleaning and maintenance products for the consumer, professional, and industrial sectors primarily in European Community. It offers auto care line of products, including auto care wipes, as well as products targeting hypermarkets and supermarkets. The company also provides hand care products for DIY market; auto care products for professionals, such as car dealerships, garages, and body shops; and cleaning products for the industrial market. The company offers its products primarily under the Clean Plus, Bianci, Handyman, Grimex, SaniClean, D’fiti, and Winglass brands. Falken Industries Ltd was incorporated in 2003 and is based in Trenton, New Jersey.
falken industries ltd (FLKI) Key Developments
Falken Industries Ltd. reported earnings results for the third quarter ended September 30, 2012. For the quarter, the company reported net operating revenues after currency adjustments to the dollar were up 50% from the year-ago quarter and net operating margins increased 45%. The company expects a substantial improvement in overall sales and profits in 2012.
Falken Industries Ltd. announced earnings results for the second quarter ended June 30, 2012. For the quarter, the company reported that net operating revenues even after unfavorable net currency adjustments to the strong dollar were up 34% from the year-ago quarter and net operating margins increased 17% to 45.53%. Profits were a solid 2 cents per share on an annualized basis. For the fiscal 2012, the company expects continued progress in procurement, hedging, and production efficiencies that leads to higher revenue and profit, and this, notwithstanding the strong dollar. The company expects a substantial improvement in overall sales and profits, notably in professional and industrial products for the balance of the year, and a major breakthrough in 2013.
S.O.M.U.E.K.S. selected Clean Plus(R) overall, and signed a Super Distribution contract with Falken Industries Ltd's Clean Plus(R) Product Group for the sole distribution rights in Turkey of the Clean Plus(R) "Pro" and "Industry" lines. S.O.M.U.E.K.S, will offer the complete range of Clean Plus(R) professional and industrial products and support systems in Turkey. The contract calls for substantial six figure minimum purchases over several years.
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| FLKI:US | $0.02 USD | 0.00 | |
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Industry Analysis
FLKI
Industry Average
| Valuation | FLKI | Industry Range |
| Price/Earnings | 1.1x |
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| Price/Sales | 1.4x |
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| Price/Book | 0.8x |
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| Price/Cash Flow | 1.0x |
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| TEV/Sales | -- | Not Meaningful |
Post a JobJobs
- New York, NY |Posted: May 17
- San Francisco, CA | YelpPosted: May 02
- San Francisco, CA | YelpPosted: May 02
- Northglenn, CO | Office DepotPosted: Mar 01
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To contact FALKEN INDUSTRIES LTD, please visit www.falkenltd.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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