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Article: Bonal International, Inc. Posts First Quarter Results.
- Article from:
- PR Newswire
- Article date:
- July 31, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Bonal continues international growth with first time sales in Croatia and India
ROYAL OAK, Mich., July 31 /PRNewswire-FirstCall/ -- Bonal International, Inc. today announced first quarter ending June 30, 2009 unaudited results. Bonal's sales decreased 42 percent from $601,951 to $351,827. "Because of the U.S. economy, contraction was anticipated and the losses were minimized by cost control measures implemented in late fiscal year 2009," said A. George Hebel, III, chairman and president of Bonal International.
Bonal Technologies' rental income increased marginally, demonstrating that small businesses are still interested in Bonal's technology but ...
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