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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) JULY 25, 1995
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MELAMINE CHEMICALS, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE 0-16032 64-0475913
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
HIGHWAY 18 WEST
DONALDSONVILLE, LOUISIANA 70346
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICER) (ZIP CODE)
Registrant s telephone number, including area code (504) 473-3121
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ITEM 5. OTHER EVENTS
On July 25, 1995, Melamine Chemicals, Inc. issued the attached press release.
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For: MELAMINE CHEMICALS, INC. Contact: ON COMO & ASSOCIATES, INC.
P.O. Box 748 74 Trinity Place
Donaldsonville, LA 70346 New York, NY 10006
Fred Huber, President & CEO Telephone: (212) 227-3010
Wayne D. DeLeo, Vice President & CFO
Telephone: (504) 473-3121 July 25, 1995
Immediate Release
MELAMINE CHEMICALS, INC. REPORTS YEAR END RESULTS
DONALDSONVILLE, LOUISIANA, JULY 25TH--Melamine Chemicals, Inc. (NASDAQ-MTWO),
today announced the results of its operations for the quarter and twelve months
ended June 30, 1995.
Net earnings for the three months ended June 30, 1995 were $299,000
compared to net earnings of $26,000 a year ago. For the twelve months ended
June 30, 1995, net earnings were $3.3 million or $.60 per share as compared to
net losses of $2.5 million or $.46 per share for the same period in fiscal
1994.
Fred Huber, president and chief executive officer, stated, "We are very
pleased to report record revenues for the year, the quarter and even for the
month of June. Although an unscheduled maintenance shutdown in the second half
of June reduced earnings below the trend of recent quarters, the year in its
entirety was gratifying.
"We enter the new fiscal year with a strong world market, enhanced
technology and with encouraging opportunities for expansion."
Melamine Chemicals, Inc. is engaged in the production and marketing of
melamine, a specialty chemical having numerous industrial and commercial
applications. The Company is also active in the development of new melamine
process and application technology. The Company is one of only two producers
of melamine in North America and one of the three largest producers worldwide.
COMPARATIVE OPERATING RESULTS
(Thousands of dollars except share and per share data)
Quarter Ended Twelve Months Ended
June 30, June 30,
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1995 1994 1995 1994
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Net Sales $ 12,371 11,378 45,502 39,085
Net Earnings (losses) $ 299 26 3,333 (2,508)
Earnings (loss) Per Share $ .05 .00 .60 (.46)
Average Shares Outstanding 5,450,300 5,450,000 5,450,250 5,450,000
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
MELAMINE CHEMICALS, INC.
Date: July 25, 1995 /s/ Wayne D. DeLeo
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Wayne D. DeLeo
Vice President & Chief Financial Officer