Bonal International, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2016
July 01, 2016 at 11:27 am EDT
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Bonal International, Inc. reported earnings results for the fourth quarter and full year ended March 31, 2016. For the quarter, revenue was $308,890 against $802,176 a year ago. Net loss was $24,598 against net income of $146,443 a year ago. Loss per share was $0.01 against earnings per share of $0.08 a year ago.
For the full year, revenue was $2,093,614 million against $2,360,696 a year ago. Net income was $202,651 against $443,162 a year ago. Earnings per share were $0.12 against $0.25 a year ago.
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. 
