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Decrease in rocket fuel chemical sales hurts earnings

Thursday, May 13, 2004 | 10:50 a.m.

American Pacific Corp. reported sales and operating revenue of $18.8 million for the quarter ended March 31 compared with $19.5 million for the same period a year earlier.

The drop in sales and a charge resulted in earnings of $197,000, or 3 cents a share, compared with earnings of $2.7 million, or 37 cents a share, for the same period a year ago.

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