Bonal International, Inc. Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014
February 17, 2015 at 12:13 pm EST
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Bonal International, Inc. announced unaudited earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported revenue of $505,519 against $436,626 a year ago. Net income was $158,475 against net loss of $22,435 a year ago. Earnings per share were $0.09 against loss of $0.01 a year ago.
For the nine months, the company reported revenue of $1,558,520 against $1,537,028 a year ago. Net income was $296,718 against $146,257 a year ago. Earnings per share were $0.17 against $0.08 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.