AMENDMENT TO 10-Q SUBMITTED ON 11/20/95
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 10-Q
(Mark One)
X Quarterly report pursuant to Section 13 or
15(d) of the Securities Exchange Act of 1934
For the quarterly period ended September 30, 1995 or
_____ Transition report pursuant to Section 13 or
15(d) of the Securities Exchange Act of 1934
For the transition period from __________ to __________
Commission file number 1-5528
WEDCO TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)
New Jersey 22-1689437
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
P.O. Box 397 Bloomsbury, New Jersey 08804
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 908-479-4181
Not Applicable
(Former name, former address and former fiscal year, if
changed since last report).
Indicate by check mark whether the registrant (1) has filed
all reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to
file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes X No
Indicate the number of shares outstanding of each of the
issuer's classes of common stock, as of the latest practicable date.
Class Outstanding at November 13, 1995
Common Stock, $.10 par value 3,567,785
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
WEDCO TECHNOLOGY, INC.
November 17, 1995 /s/William E. Willoughby
Date William E. Willoughby
President and Chairman of the Board
November 17, 1995 /s/Robert F. Bush
Date Robert F. Bush
Vice President - Finance
<PAGE>
Exhibit Index
Exhibit No. Description
27 Financial Data Schedule for the
1st quarter ended September 30, 1995
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND> This Schedule contains Summary Financial Information
extracted from the Balance Sheet and Statement of Income
and is qualified in its entirety by reference to such
financial statements.
<S> <C>
<FISCAL-YEAR-END> MAR-31-1996
<PERIOD-START> JUL-1-1995
<PERIOD-END> SEP-30-1995
<PERIOD-TYPE> 3-MOS
<CASH> 214,391
<SECURITIES> 0
<RECEIVABLES> 6,987,288
<ALLOWANCES> 52,522
<INVENTORY> 2,029,876
<CURRENT-ASSETS> 10,614,154
<PP&E> 38,646,066
<DEPRECIATION> 27,850,640
<TOTAL-ASSETS> 57,051,926
<CURRENT-LIABILITIES> 11,325,107
<BONDS> 15,385,623
0
0
<COMMON> 409,489
<OTHER-SE> 27,043,033
<TOTAL-LIABILITY-AND-EQUITY> 57,051,926
<SALES> 10,918,377
<TOTAL-REVENUES> 10,918,377
<CGS> 6,911,434
<TOTAL-COSTS> 9,854,854
<OTHER-EXPENSES> 394,859
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 365,140
<INCOME-PRETAX> 303,524
<INCOME-TAX> 251,203
<INCOME-CONTINUING> 52,321
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 52,321
<EPS-PRIMARY> .01
<EPS-DILUTED> .01
</TABLE>
