A. H. Robins Co.: The Richmond, Va.-based...
- Share via
A. H. Robins Co.: The Richmond, Va.-based pharmaceutical maker, in its fourth year of Chapter 11 bankruptcy reorganization, reported a 13% increase in earnings to $16.3 million for the first quarter. Revenue totaled $226.9 million, up 4.2% from a year ago. The 1989 earnings include a writeoff of $18.3 million invested in Robins’ subsidiaries in Colombia and Venezuela. The 1988 earnings included a $30.2-million charge for anticipated expenses related to the company’s Chapter 11 reorganization.
Tables, Page 21
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
