EXHIBIT 99.1
International Aluminum Corporation Announces Results For The First Quarter
MONTEREY PARK, Calif., November 12, 2003: International Aluminum Corporation (NYSE: IAL) today announced results for its first quarter ended September 30, 2003 as follows:
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| Quarter Ended |
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| 2003 |
| 2002 |
| ||
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Net sales |
| $ | 52,956,000 |
| $ | 49,144,000 |
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Income from continuing operations |
| $ | 1,538,000 |
| $ | 912,000 |
|
Income (loss) from discontinued operations |
| 41,000 |
| (213,000 | ) | ||
Net income |
| $ | 1,579,000 |
| $ | 699,000 |
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Basic and diluted EPS: |
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Continuing operations |
| $ | .36 |
| $ | .21 |
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Discontinued operations |
| .01 |
| (.05 | ) | ||
Total |
| $ | .37 |
| $ | .16 |
|
Contact:
David C. Treinen, President (323) 264-1670
Mitchell K. Fogelman, Senior Vice President-Finance (323) 264-1670
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