SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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F O R M 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of November 2005
TAT TECHNOLOGIES LTD.
(Name of Registrant)
P.O.BOX 80, Gedera 70750 Israel
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
Indicate by check mark whether by furnishing the information
contained in this Form, the registrant is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes [ ] No [X]
If "Yes" is marked, indicate below the file number assigned to
the registrant in connection with Rule 12g3-2(b): 82-__________
TAT Technologies Ltd.
6-K Items
1. Press release re TAT Technologies Reports Third Quarter 2005 Results
dated November 29, 2005.
ITEM 1
Press Release Source: TAT Technologies Ltd.
TAT Technologies Reports Third Quarter 2005 Results
Tuesday November 29, 9:31 am ET
GEDERA, Israel, November 29 /PRNewswire-FirstCall/ -- TAT Technologies limited
(NASDAQ/NMS: TATTF - News), which is engaged in the manufacture, repair and
overhaul of heat transfer equipment and other various accessories mainly in
aircraft, reported today a net profit of $859,919 on sales of $14,403,370 gained
in the third quarter ended September 30, 2005 compared to a net profit of
$1,011,563 on sales of $ 8,411,778 for the same period of 2004.
For the first nine months the company reported a net profit of $2,546,532 on
sale of 31,753,490 compared to a net profit of $2,833,229 on sale of $25,172,455
for the same period of 2004.
Sales for the third quarter increased by 71.2% compared to the same quarter last
year due to the acquisition of Piedmont as of July 1, 2005. The net profit of
the company before tax is $1,353,898 compared to 1,308,765 for the same period
of 2004.
TAT, together with its subsidiaries, is principally engaged in the manufacture,
repair and overhaul of heat transfer equipment, such as heat exchangers,
precoolers and oil/fuel hydraulic coolers used in aircraft, defense systems,
electronic equipment and other applications. In addition the company
manufactures and overhauls aircraft accessories and systems such as APU's,
Landing Gears, Propellers, pumps, valves, Power Systems, Turbines, etc.
TAT TECHNOLOGIES LTD.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Amounts in Thousands U.S $, Unaudited)
Nine Months Ended Three Months Ended
September 30 September 30
2004 2005 2004 2005
($) ($) ($) ($)
Revenues 25,172 31,753 8,412 14,403
Gross Profit 8,655 9,618 2,690 3,842
R&d Expenses 98 54 29 15
Other Income 47 212 14 72
Income from Operations 4,153 4,126 1,309 1,354
before Income Taxes
Income Tax 1,320 1,579 297 494
Net Income 2,833 2,547 1,012 860
Earnings Per Share $ 0.56 $ 0.42 $ 0.17 $ 0.14
Weighed Average Shares 5,058,928 6,042,671 6,042,671 6,042,671
Outstanding
AT THE COMPANY:
Mr. Israel Ofen
Executive Vice-President and Chief Financial Officer
+972-8-859-5411
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.
TAT TECHNOLOGIES LTD.
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(Registrant)
By: /s/Israel Ofen
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Israel Ofen
Executive Vice President and
Chief Financial Officer
Date: November 29, 2005