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BONL Bonal International Inc (PK)

0.66
0.00 (0.00%)
24 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bonal International Inc (PK) USOTC:BONL OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.66 0.66 0.66 0.00 01:00:00

Bonal International, Inc. Net Income Increases 161 Percent from First Quarter 2006

14/08/2007 3:10pm

PR Newswire (US)


Bonal (PK) (USOTC:BONL)
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From Jul 2019 to Jul 2024

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Shareholder Equity Increases 44 Percent ROYAL OAK, Mich., Aug. 14 /PRNewswire-FirstCall/ -- Bonal International, Inc. (OTC:BONL) today announced first quarter ending June 30, 2007 unaudited results. Net revenue for Bonal International increased 49% from $433,518 at June 30, 2006 to $644,773 at June 30, 2007. Bonal's net income after estimated tax is $179,859 up 161% from $68,955 last year. Bonal's per share net income is $0.11 compared to $0.04 last year. Shareholder equity is also up 44% from $0.52 to $0.75 per share on June 30, 2007. "We are extremely please with Bonal's trend in profit increase over the past three years," said A. George Hebel, III, chairman of Bonal International. "Bonal International continues to focus on improving profit by helping companies increase their profitability by using our products to conserve energy." Bonal International Inc. through its wholly owned subsidiary, Bonal Technologies, Inc., is the world's leading provider of sub-harmonic technology for metal improvement solutions with more than 35 years of expertise. Bonal's patented technology and its three product lines: Meta-Lax(R) Stress Relief, Pulse Puddle Arc Welding(R) (PPAW(R)) and Black Magic(R) for distortion control, are sold in the US and in more than 49 countries. Headquartered in Royal Oak, Mich., Bonal provides a variety of services including consulting, training, program design and metal stress relief services for customers in the aerospace, armament, die casting, engine building, machine tool, mining, petroleum, plastic molding, racing, automotive, shipbuilding and welding industries. More information on Bonal can be found at http://www.bonal.com/. DATASOURCE: Bonal International, Inc. CONTACT: Janine M. Krasicky of J9 Media Solutions LLC, +1-248-542-3991, +1-248-514-4558 (mobile), for Bonal International, Inc. Web site: http://www.bonal.com/

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