Bonal International, Inc. Reports Earnings Results for the Full Year Ended March 31, 2023
October 21, 2023 at 07:06 am EDT
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Bonal International, Inc. reported earnings results for the full year ended March 31, 2023. For the full year, the company reported sales was USD 1.78 million compared to USD 1.72 million a year ago. Revenue was USD 1.78 million compared to USD 1.72 million a year ago.
Net income was USD 0.051321 million compared to USD 0.186207 million a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to USD 0.11 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.