Fab-Form Announces Results for the Third Quarter Ended 31 March 2024
Fab-Form Announces Results for the Third Quarter Ended 31 March 2024
Delta, British Columbia--(Newsfile Corp. - May 31, 2024) - Fab-Form Industries Ltd. (TSXV: FBF) ("Fab-Form" or the "Company") has released its financial results for the three months ended March 31, 2024. The company achieved a net profit of $85,157 during this quarter, a 23% decrease compared to the corresponding period in 2023. Revenue for the three months ended on March 31, 2024, amounted to $748,002, a 5.79% increase compared to the same period in 2023. The operating income for this period was $119,801, an 18.98% decline compared to the corresponding period in 2023.
Fab-Form Industries Ltd.(TSXV:FBF)("Fab-Form"或"公司")发布了截至2024年3月31日三个月财务报表。本季度公司实现净利润85157美元,同比2019年对应时期下降了23%。截至2024年3月31日三个月的营业收入为748002美元,同比2019年同期上升了5.79%。本期营业收入为119,801美元,同比2019年对应时期下降了18.98%。
YTD revenue stood at $3.30Mn compared to $3.82Mn in 2023, and YTD net profits reported $549,527 compared to $716,074 in the nine-month period ended March 31, 2023.
截至2024年3月31日的年初累计营业收入为330万美元,较2019年下降了0.82万美元,年初累计净利润为549,527美元,较2019年年初九个月末时的716,074美元减少。
Several milestones were achieved in the quarter ended 31 March 2024: launched the Fab-Form online store for Fast-Tube with a dedicated and fully functional website (). The first online order was received on 08 March 2024. Expanded Fast-Tube production to attract retail customers, where Fast-Tube is now available with 12-foot sections covering 8", 10", 12", 14", and 16" diameters.
截至2024年3月31日的第三个季度实现了多项重要里程碑:推出了Fast-Tube的Fab-Form在线商店,并拥有一个专门的、充分功能的网站()首次在线订单已于2024年3月8日接收。扩大了Fast-Tube的生产以吸引零售客户,Fast-Tube现已提供8英寸、10英寸、12英寸、14英寸和16英寸直径的12英尺长的部分。
"The Third quarter was an exciting quarter for Fab-Form. We have been evaluating the requirements for an online store for many years, and we are proud that we achieved that milestone, which will play a pivotal role in taking the Fast-Tube to the global market," said Joey Fearn, President, and CEO.
“第三个季度是Fab-Form的一个令人兴奋的季度。我们多年来一直在评估一个在线商店的需求,并且我们为我们实现了这一里程碑而感到自豪,这将在将Fast-Tube带入全球市场方面发挥关键作用,”Joey Fearn,总裁兼首席执行官说。
For further details and comprehensive information related to the financial statements, please visit the company's website at , or visit SEDAR+ at . Alternatively, you can request additional information directly from Fab-Form's head office in Delta.
有关财务报表的详细信息和全面信息,请访问公司网站,链接如下,或访问SEDA+,链接如下。您也可以直接从Delta的Fab-Form总部要求其他信息。
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
总部位于加拿大卑诗省温哥华的Fab-Form Industries Ltd.是一家著名的混凝土制品制造商。该公司成立于1986年,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已在TSX创业板上市(TSXV),交易代码为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.
前瞻性声明
本新闻发布中的某些陈述构成“前瞻性陈述”,如适用的证券法规所定义。这些陈述包括,但不限于,开发、制造和分销新产品的成功,以及其他类似的关于预期未来事件、条件或结果的声明,这些事件、条件或结果并非以历史为基础,并反映管理层的当前估计、信念、意图和期望。这些声明不能保证未来的业绩。公司提醒,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一些重要因素的影响,其中许多因素是公司无法控制的。这些因素包括,但不限于,产品开发的风险和不确定性;公司获取额外融资的能力;公司的有限经营历史;需要遵守环境和政府法规;产品性能可能存在的潜在缺陷;货币汇率波动;商品价格波动;操作危险和风险;竞争的不确定性、占领市场份额的不确定性以及其他风险和不确定性。因此,实际未来事件、条件和结果可能会与前瞻性信息所表达或暗示的估计、信念、意图和期望不同。这些声明是根据报告日期制作的,除法律规定外,公司无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.
TSX Venture Exchange及其监管服务提供商(如TSX Venture Exchange的政策所定义的)均不承担本新闻发布的充分性或准确性的责任。
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有关更多信息,请访问我们的网站:。
For additional information please visit our website at .
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SEDA。SEDAR。