Bonal International, Inc. Reports Earnings Results for the Fourth Quarter and Full Year of 2015
July 31, 2015 at 03:58 pm
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Bonal International, Inc. reported earnings results for the fourth quarter and full year of 2015. For the year, the company reported net income of $443,162, up from a net income of $132,927 in the year 2014. Revenue was up 15.0% to $2,360,696 from last year's revenue of $2,051,905. Earnings per share jumped to $0.25 per share from last year's net earnings per share of $0.08.
For the quarter, the company reported revenue was $802,176, up 55.8% from last year's $514,877. Net income for the fourth quarter was also up at $146,444, an increase from last year's loss of $13,330. Earnings per share were $0.08 compared to loss per share of $0.01 for the same period of last year.
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. 
