Bonal International, Inc. Announces Earnings Results for the Second Quarter and Six Months Ended September 30, 2017
November 13, 2017 at 12:30 pm EST
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Bonal International, Inc. announced earnings results for the second quarter and six months ended September 30, 2017. For the quarter, the company reported revenue was $527,761 against $448,679 a year ago. Net income was $53,469 against $16,471 a year ago. Earnings per share was $0.03 against $0.01 a year ago.
For the six months, the company reported revenue was $1,143,559 against $798,085 a year ago. Net income was $162,632 against net loss of $4,860 a year ago. Earnings per share of $0.09.
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. 
