Bonal International, Inc. Reports Earnings Results for the Third Quarter and Year Ended December 31, 2018
February 15, 2019 at 08:24 am EST
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Bonal International, Inc. reported earnings results for the third quarter and year ended December 31, 2018. For the quarter, the company reported revenue of $341,345 compared to $581,603 a year ago. Net loss was $4,879 compared to net income of $68,467 a year ago. Earnings per share was $0.0 compared to $0.04 a year ago.
For the year, the company reported revenue of $1,198,032 compared to $1,725,162 a year ago. Net income was $19,548 compared to $231,099 a year ago. Earnings per share was $0.01 compared to $0.13 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. 
