Bonal International, Inc. Announces Earnings Results for the First Quarter Ended June 30, 2017
August 09, 2017 at 08:37 am EDT
Share
Bonal International, Inc. announced earnings results for the first quarter ended June 30, 2017. Revenue rose to $615,798, up 76.2% in the first quarter from $349,406 last year’s first quarter. Net income for the quarter represented a strong rebound to a $109,163 profit compared to last year’s loss of $21,332 for the same quarter. Earnings per share jumped to a gain of $0.06 from a loss of $0.01 in last year’s first quarter.
Bonal International, Inc. provides a complete variety of consulting, training, program designing and metal stress relief services to several industries, including automotive, aerospace, mining, petroleum, shipbuilding, welding, machine tooling, plastic molding, racing, engine building, armament, and die casting. The Company's patented technology and its three distinct product lines include Meta-Lax Stress Relief, Pulse Puddle Arc Welding (PPAW) and Black Magic. It sells its products throughout the United States and in 64 foreign countries. Meta-Lax equipment is the Companyâs main product line. The Meta-Lax equipment can be used to stress relieve metal work pieces in place of heat treat stress relief and/or can be used during welding. Its facility has a storage capacity of approximately 9,000 pallets. Its Meta-Lax equipment includes Series 2000, Series 2400 and Series 2800.
BONAL INTERNATIONAL, INC. 
