Bonal International, Inc. Reports Earnings Results for the Full Year Ended March 31, 2020
August 28, 2020 at 07:14 am
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Bonal International, Inc. announced earnings results for the full year ended March 31, 2020. For the full year, the company announced total revenue was USD 1.481 million compared to USD 1.602 million a year ago. Net loss was USD 49,950 compared to net income of USD 51,990 a year ago. Basic loss per share was USD 0.03 compared to basic earnings per share of USD 0.03 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.
BONAL INTERNATIONAL, INC. 
