Bonal International, Inc. Announces Earnings Results for the First Quarter Ended June 30, 2018
August 16, 2018 at 07:42 pm
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Bonal International, Inc. announced earnings results for the first quarter ended June 30, 2018. Revenue was $412,281, down 33.0% in the first quarter compared to $615,798 from last year’s first quarter. Net income for the quarter was essentially breakeven at $102 compared to last year’s $109,163 for the same quarter. Earnings per share were $0.00 compared to $0.06 in last year’s first quarter.
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. 
