JPS Industries Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended August 1, 2009. For the quarter, the company reported net loss of $491,000 or $0.05 basic and diluted per share on net sales of $40,032,000 compared with net income of $13,159,000 or $1.31 diluted per share on net sales of $47,791,000 for the same period last year. Operating profit was $45,000 compared to $2,383,000 for the same period last year. Loss before income taxes and discontinued operations was $786,000 compared to income before income taxes and discontinued operations $959,000 for the same period last year. Loss from continuing operations was $491,000 or $0.05 basic and diluted per share compared to income form continuing operations of $599,000 or $0.6 basic and diluted per share for the same period last year. Capital expenditure for the quarter amounted to $2,954,000 compared to $825,000 for the same period a year ago. For the nine months, the company reported net income of $2,484,000 or $0.24 diluted per share on net sales of $155,449,000 compared with net income of $14,559,000 or $1.46 diluted per share on net sales of $159,401,000 for the same period last year. Operating profit was $6,741,000 compared to $10,534,000 for the same period last year. Income before income taxes and discontinued operations was $3,957,000 compared to $5,490,000 for the same period last year. Income from continuing operations was $2,484,000 or $0.24 basic and diluted per share compared to $3,431,000 or $0.35 basic and diluted per share for the same period last year. Capital expenditure for the year amounted to $4,365,000 compared to $1,747,000 for the same period a year ago.

JPS Industries Inc. reported unaudited and consolidated earnings results for the second quarter and six months ended May 2, 2009. For the second quarter of fiscal 2009, the company reported net income of $1.0 million or $0.10 per diluted share, on sales of $50.6 million compared with net income of $491,000 or $0.05 per diluted share reported on sales of $54.7 million in the second quarter of fiscal 2008. Net income from continuing operations for the period was at $1.0 million or $0.10 per diluted share against $1.4 million or $0.14 per diluted share for the second quarter of 2008. Capital expenditures for the quarter was at $608,000 as against $728,000 for second quarter of 2008. For the first six months of fiscal 2009, the company reported net income of $3.0 million or $0.29 per diluted share, on sales of $115.4 million compared with net income of $1.4 million or $0.14 per diluted share reported on sales of $111.6 million for the same period in fiscal 2008. Net income from continuing operations for the period were at $3.0 million or $0.29 per diluted share as against $2.8 million or $0.28 per diluted share reported for the first six months of fiscal year 2009. Capital expenditures for the period was at $1,411,000 as against $922,000 for first six months of 2008. At the end of April, net debt declined $13 million to $47.5 million.

JPS Industries Inc. announced unaudited consolidated earnings results for the first quarter ended January 31, 2009. For the first quarter of fiscal 2009, the company reported a net income of $1,959,000 or $0.19 per diluted share, on sales of $64,800,000 compared with a net income of $909,000 or $0.09 diluted net income per share on sales of $56,890,000 in the first quarter of fiscal 2008. The Company's performance for the quarter, especially when considering the current business environment. The company said that results varied broadly from November through January, as the first half of the quarter was quite strong and well balanced, with the second half exhibiting significant weakness in a number of markets.