EMCB Report Shows 2001 Decline in Net Profit for Electrical Distributors

Electrical distributors' gross profit and net profit (before taxes) for 2001 both came in below 2000 levels, according to the financial norms of the electrical wholesaling industry just released by the Electrical Manufacturers' Credit Bureau (EMCB), Temecula, Calif.

In 2001, distributors saw gross profit before taxes come in at 18.12 percent, slightly behind 2000's 18.66 percent. In the notes accompanying the data, EMCB said approximately 20 large wholesalers with net worths in excess

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