Marine Products Corp Q3 net sales up 7% YoY, net income down 22%.

• Marine Products Corp Q3 net sales up 7% YoY to $53.1mln • Net income down 22% YoY to $2.7mln, EPS $0.07 • EBITDA down 15% YoY to $3.7mln, EBITDA margin down 170bps to 6.9% • Strong operating cash flow, $4.5mln, up 134% YoY • R&D investments up for new products and cost true-ups • Net income margin down 180bps to 5.0% YoY