ROYAL OAK, Mich., Feb. 14, 2017 -- Bonal International, Inc. (OTC:BONL) announced today third quarter unaudited results ending December 31, 2016. Revenue for the third quarter was $393,298, down twenty six percent from last year’s third quarter of $532,288. Net loss for the quarter was a small loss of $5,060 compared with last year’s small gain of $18,482 net income for the same quarter.
“During the quarter, Bonal focused on expanding market awareness for our patented process,” said Thomas E. Hebel, President and CEO of Bonal International, Inc. “Sixty-two percent of our sales by volume were from new businesses. Additionally, we expanded our international presence by signing a foreign agent to represent Bonal in Norway, Sweden, and Denmark.”
| Third Quarter Ending December 31 | |||||
| 2016 | 2015 | ||||
| Revenue | $ | 393,298 | $ | 532,288 | |
| Net Income | $ | (5,060 | ) | $ | 18,482 |
| Net Earnings Per Share | $ | 0.00 | $ | 0.01 | |
Revenue for the nine months ending December 31, 2016 was down thirty-three percent to $1,191,383 from $1,784,723 over the same period in fiscal year 2016. The nine months year-to-date net income was a slight loss of $9,920 down from last year’s net income of $227,249 over the same period.
| Nine Months Ending December 31 | |||||
| 2016 | 2015 | ||||
| Revenue | $ | 1,191,383 | $ | 1,784,723 | |
| Net Income | $ | (9,920 | ) | $ | 227,249 |
| Net Earnings Per Share | $ | (0.01 | ) | $ | 0.13 |
Bonal International, Inc., through its wholly owned subsidiary, Bonal Technologies, Inc., is the patent holder and world’s leading provider of sub-harmonic vibratory stress relief and weld conditioning technology. Bonal provides three lines of equipment – Meta-Lax® Stress Relief and Weld Conditioning, Pulse Puddle Arc Welding®, and Black Magic® Distortion Control, which are sold in the United States and more than 60 countries worldwide. Headquartered in Royal Oak, Mich., Bonal serves the aerospace, armament, automotive, petroleum, die-casting, mining, racing, machine tool building, plastic molding, shipbuilding, and welding industries. Bonal’s Meta-Lax technology is used for eliminating thermal stress in metal parts, thereby preventing warping and cracking, at a fraction of the energy and monetary costs of competing technologies. More information can be found at www.Bonal.com or by calling 1-800-Meta-Lax.
Contact: Thomas E. Hebel Toll Free: 800.638.2529 ext.236 International: 248.582.0900 ext.236 Email: [email protected]


TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Washington Post Publisher Will Lewis Steps Down After Layoffs 



