EX-99.1 3 a04-2283_1ex99d1.htm EX-99.1

Exhibit 99.1

 

International Aluminum Corporation Announces Results For Second Quarter

 

MONTEREY PARK, CA,  February 11, 2004 - International Aluminum Corporation (NYSE: IAL) today announced results for the quarter and six months ended December 31, 2003 as follows:

 

 

 

Quarter Ended
December 31,

 

Six Months Ended
December 31,

 

 

 

2003

 

2002

 

2003

 

2002

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

50,698,000

 

$

45,784,000

 

$

103,654,000

 

$

94,928,000

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

1,562,000

 

$

839,000

 

$

3,100,000

 

$

1,751,000

 

Income (loss) from discontinued operations

 

88,000

 

(177,000

)

129,000

 

(390,000

)

Net income

 

$

1,650,000

 

$

662,000

 

$

3,229,000

 

$

1,361,000

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted EPS:

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

.37

 

$

.20

 

$

.73

 

$

.41

 

Discontinued operations

 

.02

 

(.04

)

.03

 

(.09

)

Total

 

$

.39

 

$

.16

 

$

.76

 

$

.32

 

 

Contact:

David C. Treinen, President  (323) 264-1670

Mitchell K. Fogelman, Senior Vice President-Finance  (323) 264-1670

 

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