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Author Topic: Zoltek Companies, Inc. (NASDAQ: ZOLT) Posts Low Third Quarter Profit On Global Economic Severity  (Read 1362 times)

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Zoltek Companies, Inc. (NASDAQ: ZOLT) Posts Low Third Quarter Profit On Global Economic Severity
   


   Besides the usual influence of year-end and seasonal variations within the wind energy sector, Zoltek Companies, Inc. (NASDAQ:  ZOLT  ) said its dismal first quarter profit is also attributable to a series of cancellation and delay of orders by some of its customers, in the wake of the world-wide economic turbulence. This accounted for an increase of inventories, particularly finished products awaiting shipment – from $45.7 million on September 30, 2008, to $53. read more in hotstocked.com
   

http://www.hotstocked.com/article/1104/zoltek-companies-inc-nasdaq-zolt-posts-low-third-quarter-profit-on-global-economic-severity.html
   

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