Kewaunee Company profile
About Kewaunee Scientific Corporation
Kewaunee Scientific Corporation is engaged in the designing, manufacturing, and installation of laboratory, healthcare, technical furniture and infrastructure products. The Company operates through two segments: Domestic, and International. The Company's Domestic business segment is engaged in designing, manufacturing, and installing scientific and technical furniture, including steel and wood laboratory cabinetry, fume hoods, laminate casework, flexible systems, worksurfaces, workstations, workbenches and computer enclosures. Its International business segment consists of foreign subsidiaries, such as Kewaunee Labway Asia Pte. Ltd., Kewaunee Scientific Corporation Singapore Pte. Ltd., Kewaunee Labway India Pvt. Ltd., and Koncepo Scientech International Pvt. Ltd., which provides the Company's products and services, including facility design, detailed engineering, construction, and project management from the planning stage through testing and commissioning of laboratories.
Financial summary
BRIEF: For the nine months ended 31 January 2022, Kewaunee Scientific Corporation revenues increased 10% to $119.2M. Net loss increased from $697K to $5.8M. Revenues reflect Domestic segment increase of 6% to $89.1M, International segment increase of 21% to $30M, Domestic segment increase of 6% to $89.1M, International segment increase of 21% to $30M. Higher net loss reflects Operating expenses increase of 6% to $19.7M (expense).
Equity composition
Common Stock $2.50 Par, 03/11, 5M auth., 2,578,270 o/s., net of shs. in Treas. @ Cost. Insiders & Strategic holders own 29.66%. Public Offering 2/68, 286,000 shares @ $25 by Glore Forgan & Wm.R. Stats.
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