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Article: FSI Announces Third Quarter Revenue Significantly Above 2008 Period.(Financial report)
- Article from:
- Business Wire
- Article date:
- November 3, 2009
CopyrightCOPYRIGHT 2009 Business Wire. 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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VICTORIA -- FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE Amex: FSI, FRANKFURT: FXT), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and crop nutrient availability chemistry, as well as biodegradable and environmentally safe water and energy conservation technologies. Today the Company announces a year over year increase in third quarter revenue.
The recent downward pressure on FSI's revenue, caused by the current economic slow down, appears to be subsiding. Orders are increasing in all product lines and distributors face depleted inventories. The result is an increase in third quarter (Q3) 2009 revenue to ...