Bonal International, Inc. Reports Unaudited Earnings Results for the First Quarter Ended June 30, 2016
August 16, 2016 at 09:27 am EDT
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Bonal International, Inc. reported unaudited earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported revenue of USD 349,406 against USD 698,379 a year ago. Net loss was USD 21,332 or USD 0.01 per share against USD net income of USD 146,215 or USD 0.08 per share 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. 