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Show Kaibab Shows Break-Even For First Half of Year Kaibab Industries has reported breakeven operations for the first half of its current fiscal year, In the comparable period lsut year, Kaibab posted an $816,573 loss or .36 per share. Sales equaled $31,916,271 for the six months compared to $22,052,684 for the first six months of fiscal 1975. According to A.M. Whiting, President, the gradual upturn In housing starts has had a very positive effect on the company's lumber manufacturing operations. Whiting said he expects this recovery to continue on its present course for the balance of calendar 1976. Kaibab Industries is a Phoenix-based lumber, building materials, petroleum products and Investment group with operations In Arizona, Utah , Colorado, Texas, Oklahoma and Durango, Mexico and has a mill lit Panguitch. 1 |