Bonal International, Inc. Posts Third Quarter Record in Revenue
2013年2月15日 - 7:36AM
OTC Markets
Bonal International, Inc. Posts Third Quarter Record in
Revenue
Good third quarter profits gives global stress relief
leader eleventh consecutive profitable
quarter.
Royal Oak, Mich., February 14, 2013 –
Bonal International, Inc. (OTC: BONL) announced a record third
quarter revenue of $620,577, up 53 percent over last year’s third
quarter of $405,533.
The revenue is the highest achieved for any third quarter for the
company. Net income
was $74,833, up from last year’s $8,043. This is the eleventh consecutive
profitable quarter for the company. Earnings per share increased to
$0.04 per share from $0.005 per share last year’s third
quarter. Nine month
figures were very strong. Revenue was up 9 percent to
$1,790,230 from last year’s nine month revenue of
$1,648,570. Net income
increased 14 percent to $311,985 from last year’s nine month net
income of $273,197.
Likewise, earnings per share increased to $0.18 per share up from
$0.16 last year’s nine month earnings per share. During the quarter the board of
directors issued its second and third $0.10 per share dividends of
the fiscal year.
“Our current customers set the pace this
quarter by accounting for 61 percent of the sales by volume by
ordering additional equipment and referring their suppliers to
us. This speaks
volumes about the confidence our customers place on Bonal’s
patented Meta-Lax® stress relief technology and the quality and
value of our equipment,” said Thomas E. Hebel, who completed his
eleventh quarter as interim president.
Third Quarter
Ending December 31
Note: This table contains unaudited
results.
2012
2011
Revenue
$620,577
$405,533
Net Income
$74,833
$8,043
Earnings/Share
$0.04
$0.005
Nine Months Ending December
31
Note: This table contains unaudited results.
2012
2011
Revenue
$1,790,230
$1,648,570
Net Income
$311,985
$273,197
Earnings / Share
$0.18
$0.16
Bonal International, Inc., through its wholly owned
subsidiary, Bonal Technologies, Inc., is the world’s leading
provider of sub-harmonic vibratory stress relief and weld
conditioning technology. Bonal provides three lines of
equipment – Meta-Lax® Stress Relief and Weld Conditioning, Pulse
Puddle Arc Welding®, and Black Magic® Distortion Control, which are
sold in the United States and more than 50 countries
worldwide.
Headquartered in Royal Oak, Mich., Bonal serves the aerospace,
armament, automotive, petroleum, die casting, mining, racing,
machine tool building, mold making, ship building, and welding
industries. Bonal’s
patented Meta-Lax® technology is used for eliminating thermal
stress in metal parts, thereby preventing warping and cracking, at
a fraction of the time, energy, and monetary costs of competing
technologies. More
information can be found at www.Bonal.com or by calling
1-800-Meta-Lax.
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Bonal (PK) (USOTC:BONL)
過去 株価チャート
から 5 2024 まで 6 2024
Bonal (PK) (USOTC:BONL)
過去 株価チャート
から 6 2023 まで 6 2024