Fab-Form Announces Results for the Second Quarter Ended 31 December 2023
Fab-Form Announces Results for the Second Quarter Ended 31 December 2023
Delta, British Columbia--(Newsfile Corp. - February 28, 2024) - Fab-Form Industries Ltd. (TSXV: FBF) ("Fab-Form" or the "Company") has released its financial results for the three months ended December 31, 2023. The company achieved a net profit of $107,372 during this quarter, marking a 21% decrease compared to the corresponding period in 2022. Additionally, the revenue for the three months concluded on December 31, 2023, amounted to $1,020,614, representing a 1.5% increase compared to the same period in 2022. The operating income for this period was $148,928, reflecting a 21% decline compared to the corresponding period in 2022.
不列颠哥伦比亚省达美航空--(Newsfile Corp.,2024年2月28日)——Fab-Form Industries Ltd.(多伦多证券交易所股票代码:FBF)(“Fab-Form” 或 “公司”)发布了截至2023年12月31日的三个月的财务业绩。该公司在本季度实现了107,372美元的净利润,与2022年同期相比下降了21%。此外,截至2023年12月31日的三个月收入为1,020,614美元,与2022年同期相比增长了1.5%。该期间的营业收入为148,928美元,与2022年同期相比下降了21%。
YTD revenue stood at 2.56Mn as compared to $3.11Mn in 2022, and YTD net profits reported $464,370 as compared to $604,152 in the six-month period ended December 31, 2022.
年初至今收入为256万美元,而2022年为311万美元,年初至今净利润为464,370美元,而截至2022年12月31日的六个月期间为604,152美元。
During the second quarter of the financial year ending 30 June 2024, production of Fast-Tube commenced and progressed smoothly without any interruption. The first test pour was completed successfully, followed by multiple pours by two local contractors in lower mainland BC. Fast-Tube with 8", 10", 12", 14", and 16" diameters were produced under the first batch of production. Based on the results production requirements are doubled and procurement of required materials was confirmed in December 2023. The second shipment of material will arrive at the Delta warehouse at the end of February 2024.
在截至2024年6月30日的财政年度第二季度中,Fast-Tube的生产开始并顺利进行,没有受到任何干扰。第一次浇注试验成功完成,随后两家当地承包商在不列颠哥伦比亚省低陆平原进行了多次浇注。直径为 8 英寸、10 英寸、12 英寸、14 英寸和 16 英寸的 Fast-Tube 是在第一批生产中生产的。根据结果,生产需求翻了一番,所需材料的采购已于2023年12月得到确认。第二批物资将于2024年2月底抵达达美仓库。
"We are extremely excited about the results from the initial testing of Fast-Tube and we are proud about being able to add value to the industry through our products. We value our trusted customers who believe in our products and their willingness to share our story," said Joey Fearn, President and CEO.
“我们对Fast-Tube的初步测试结果感到非常兴奋 我们为能够通过我们的产品为行业增加价值而感到自豪。我们重视那些相信我们产品并愿意分享我们故事的值得信赖的客户。” 总裁兼首席执行官乔伊·费恩说。
For further details and comprehensive information related to the financial statements, you can access the company's website at , or visit SEDAR+ at . Alternatively, you can request additional information directly from Fab-Form's head office in Delta.
有关财务报表的更多详细信息和全面信息,您可以访问公司的网站,或访问SEDAR+,网址为。或者,您可以直接向位于达美的Fab-Form总部索取更多信息。
About Fab-Form
Fab-Form Industries Ltd., located in Vancouver, BC, Canada, is recognized as a prominent manufacturer of concrete forming products. The company was founded in 1986 and has been dedicated to creating and commercializing sustainable and efficient foundation products for the building industry. Fab-Form has been listed on the TSX Venture Exchange (TSXV) under the symbol FBF since 1999.
关于 Fab-Form
Fab-Form Industries Ltd. 位于加拿大不列颠哥伦比亚省温哥华,被公认为混凝土成型产品的杰出制造商。该公司成立于1986年,一直致力于为建筑行业创造和商业化可持续和高效的基础产品。自1999年以来,Fab-Form一直在多伦多证券交易所风险投资交易所(TSXV)上市,股票代码为FBF。
Forward-Looking Statements
Some statements contained in this news release constitute "forward-looking statements" as is defined in applicable securities laws. These statements include, without limitation, the success of developing, manufacturing, and distributing new products and other similar statements concerning anticipated future events, conditions, or results that are not historical in nature, and reflect management's current estimates, beliefs, intentions, and expectations. These statements do not guarantee future performance. The Company cautions that all forward-looking information is inherently uncertain, and that actual performance may be affected by several material factors, many of which are beyond the Company's control. Such factors include, among others, risks and uncertainties relating to product development; the ability of the Company to obtain additional financing; the Company's limited operating history; the need to comply with environmental and governmental regulations; potential defects in product performance; fluctuations in currency exchange rates; fluctuating prices of commodities; operating hazards and risks; competition; the uncertainty of capturing market share and other risks and uncertainties. Accordingly, actual future events, conditions, and results may differ materially from the estimates, beliefs, intentions, and expectations expressed or implied in the forward-looking information. These statements are made as of the Report Date and, except as required by law, the Company is under no obligation to update or alter any forward-looking information.
前瞻性陈述
根据适用证券法的定义,本新闻稿中包含的某些陈述构成了 “前瞻性陈述”。这些陈述包括但不限于成功开发、制造和分销新产品,以及其他有关未来预期事件、状况或业绩的类似陈述,这些陈述本质上不是历史性的,反映了管理层当前的估计、信念、意图和预期。这些声明并不能保证未来的表现。公司警告说,所有前瞻性信息本质上都是不确定的,实际业绩可能会受到多种重大因素的影响,其中许多因素是公司无法控制的。这些因素包括与产品开发相关的风险和不确定性;公司获得额外融资的能力;公司有限的运营历史;遵守环境和政府法规的必要性;产品性能的潜在缺陷;货币汇率的波动;大宗商品价格的波动;运营风险和风险;竞争;获取市场份额的不确定性以及其他风险和不确定性。因此,未来的实际事件、条件和结果可能与前瞻性信息中表达或暗示的估计、信念、意图和预期存在重大差异。这些陈述自报告日起作出,除非法律要求,否则公司没有义务更新或更改任何前瞻性信息。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多伦多证券交易所风险投资交易所及其监管服务提供商(该术语在多伦多证券交易所风险投资交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
Company Contact: Joey Fearn| joey@fab-form.com | 604 596-3278
公司联系人:Joey Fearn| joey@fab-form.com | 604 596-3278
For additional information please visit our website at
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