Golden Oval reports MoArk’s egg products financials

MoArk, LLC’s egg products segment showed a net income of $4 million for the year ended Dec. 24, 2005.

This compared to $11.8 million the previous year and a $115,432 loss in 2003, according to a financial statement filed with the U.S. Securities and Exchange Commission Sept. 18 by Golden Oval Eggs, LLC., Renville, Minn. Golden Oval purchased MoArk, Chesterfield, Mo., from Land O’Lakes Inc., Arden Hills, Minn., in May.

MoArk’s net sales in 2005 were $113 million compared with $153 million in 2004 and $130 million in 2003.

For the six months ended June 30, 2006, MoArk’s egg products segment showed net income of $473,844 on net sales of $52.3 million.

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