6304_FQ Complete - Johnny Harris Trucking, Inc., Proposed Solid Waste Management Facility

From: Rice, Sarah M
To: Chao, Mina-tai
Cc: Stanley, Sherri; Mussler, Ed (ed.mussler(n ncdenr.gov); Watkins, Jason; Hammonds, Andrew; Powell, David C
Subject: FQ - Johnny Harris Trucking, Inc., Proposed Solid Waste Management Facility
Date: Thursday, October 17, 2019 9:16:00 AM
Good morning Ming,
The Section has finalized the financial qualification review of Johnny Harris Trucking, Inc. We were
able to calculate the company's profitability with the audited financials that were submitted to the
Section.
The Net Profit Margin for 2019 was 22.2%. Generally, a net profit margin in excess of 10% is
considered excellent, though it depends on the industry and the structure of the business.
The Gross Profit Margin for 2019 was 79.6%. Generally, A higher gross profit margin indicates
efficient processes in a company.
Johnny Harris Trucking, Inc. is a standalone company.
The Section recommends the following:
Legal Entity: Johnny Harris Trucking, Inc.
Facility Name: Johnny Harris Trucking, Inc. LCID Pit
Should you have any questions, feel free to reach out.
Regards,
Sarah
Sarah Rice
Environmental Program Consultant
Division of Waste Management —Solid Waste Section
North Carolina Department of Environmental Quality
919-707-8287 (phone and fax)
[e-mail]
217 West Jones Street
1646 Mail Service Center
Raleigh, NC 27699
NC DEQ: Solid Waste Section
NC DEQ: Financial Assurance
Email correspondence to and from this address is subject to the North Carolina Public Records Law and may be
disclosed to third parties.