February 6, 1996
Studio City-based Dolco Packaging Corp. said its stockholders will meet to consider whether to approve a planned merger with Packaging Acquisition Corp. Packaging Acquisition is jointly controlled by MST Partners L.P. and MST Offshore Partners C.V., a Dutch limited partnership. Dolco will be the surviving corporation.
November 7, 1995
Dolco Packaging Corp., a Studio City maker of plastic packaging, said its earnings were $1.05 million in the third quarter that ended Sept. 30, up 9% from $959,000. Sales were $20.13 million, up 24% from $16.29 million in the third quarter a year ago. For the first nine months of 1995, earnings were $3.69 million, up 12% from $3.29 million in the first nine months of the previous year. Nine-month sales were $59.87 million, up 23% from $48.79 million.
August 1, 1995
Dolco Packaging Corp., a Studio City-based manufacturer of plastic packaging products, reported a 22% jump in net income for the second quarter that ended June 30. The company posted a profit of $1.17 million in the second quarter, compared to $959,000 in the same three-month period a year earlier. Sales climbed to $20.2 million, up 31% from $15.4 million a year earlier. For the first six months of the year, Dolco reported earnings of $2.64 million on sales of $39.
May 2, 1995
Dolco Packaging Corp., a Studio City maker of plastic packaging, said its profit rose by 7% in the first quarter that ended March 31 to $1.47 million, up from $1.37 million for the first quarter a year ago. Revenues rose by 14% during the quarter, to $19.5 million from $17.1 million a year earlier. The company also said it has raised its prices since the first quarter last year, partly to offset the higher cost of raw materials.
November 1, 1994
Dolco Packaging Corp., a Sherman Oaks-based manufacturer of plastic packaging products, reported a 13% jump in earnings in the third quarter. Dolco posted net income of $959,000 for the quarter that ended Sept. 30, compared to a profit of $850,000 a year earlier. Sales were $16.3 million in the recent quarter, up 4% from $15.6 million a year earlier. For the first nine months of 1994, Dolco posted earnings of $3.29 million on sales of $48.8 million, compared to a year-earlier profit of $2.
August 30, 1994
Dolco Packaging Corp., a Sherman Oaks-based maker of polystyrene foam and plastic packaging products, announced that its board has approved a 3-for-2 common stock split payable Sept. 30. The company has 971,637 common shares and 2.1 million preferred shares outstanding. After the split, there will be 1.4 million common shares.