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paradise inc (PARF) Snapshot

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52 Week High
05/20/14 - $31.00
52 Week Low
12/31/14 - $20.50
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paradise inc (PARF) Details

Paradise, Inc. produces and sells candied fruit and molded plastics in the United States. The company sells its candied fruit, a basic fruitcake ingredient to manufacturing bakers, institutional users, and retailers for use in home baking. It also processes and sells frozen strawberry products to commercial and institutional users, such as preservers, dairies, drink manufacturers, etc. In addition, the company produces and sells plastic containers and other molded plastics primarily to various food processors and others. The company was formerly known as Paradise Fruit Company, Inc. and changed its name to Paradise, Inc. in July 1993. Paradise, Inc. was founded in 1961 and is based in Plant City, Florida.

275 Employees
Last Reported Date: 03/27/14
Founded in 1961

paradise inc (PARF) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $389.2K
President and Director
Total Annual Compensation: $267.6K
Chief Financial Officer and Treasurer
Total Annual Compensation: $142.5K
Senior Vice President, Secretary and Director
Total Annual Compensation: $272.7K
Executive Vice President and Director
Total Annual Compensation: $263.2K
Compensation as of Fiscal Year 2013.

paradise inc (PARF) Key Developments

Paradise Inc., Annual General Meeting, May 27, 2014

Paradise Inc., Annual General Meeting, May 27, 2014., at 10:00 Eastern Daylight. Location: 1200 W. Dr. Martin Luther King Jr. Blvd.. Agenda: To consider the election of five directors to hold office until the next annual meeting of shareholders and until their successors have been duly elected and qualified; to ratify the appointment of Warren Averett, LLC the company’s independent certified public accountants for the fiscal year 2014; to transact such other business as may properly come before the annual meeting or any adjournment thereof.

Paradise, Inc. Declares an Annual Cash Dividend, Payable on April 17, 2014; Announces Earnings Results for the Year Ended December 31, 2013

Paradise Inc. announced that the Board of Directors declared an annual cash dividend of $0.11 per share on common stock, payable on April 17, 2014 to shareholders of record at the close of business on April 11, 2014. The company announced earnings results for the year ended December 31, 2013. For the period, the company reported net income of $781,960 or $1.50 per share against $1,002,932 or $1.93 per share for 2012. Total Net Sales for 2013 were $24,056,377 compared to $25,702,303 for 2012.

Paradise, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2013

Paradise Inc. reported earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net loss was $224,550 or $0.43 loss per share, compared to a net income of $130,035, or $0.25 per share, for the first quarter ended March 31, 2012. Net sales were $3.06 million, compared to $3.27 million for the first quarter ended March 31, 2012. Loss from operations was $460,604 compared to an income from operations of $139,879, for the first quarter ended March 31, 2012. Loss before income taxes for the first quarter ended March 31, 2013 was $359,004, compared to an income before income taxes of $216,723, for the first quarter ended March 31, 2012.


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