DELTA, British Columbia, February 25, 2021 (GLOBE NEWSWIRE) – WestBond Enterprises Company (TSX-V: WBE) is happy to report its third quarter monetary outcomes.
WestBond reported earnings of $ 1,850,241 for the quarter ended December 31, 2020. This represents a rise of 1,128% over earnings of $ 150,656 for the quarter ended December 31, 2019. Gross sales elevated by 106 , 7% to $ 6,157,646 this quarter in comparison with $ 2,978,487 for the three months ended December 31, 2019. The will increase are on account of sturdy demand for dry wipes and ViroBan Plus disinfectant wipes, which had been launched final week of August 2020.
The quarterly dividend was reversed at an elevated charge of $ 0.02 per share. The subsequent dividend will probably be paid on March 22, 2021 to shareholders of report on March 5, 2021.
The quarterly report and different data can be found on the Firm’s web site at www.westbond.ca and on SEDAR at www.sedar.com
Warning relating to forward-looking statements: This press launch contains sure statements and knowledge that represent forward-looking data inside the which means of relevant Canadian securities legal guidelines, together with statements relating to the intentions of the corporate. As a common rule, forward-looking statements and knowledge might be recognized by means of forward-looking phrases resembling “intends” or “anticipates”, or variations of such phrases and expressions or statements that sure actions, occasions or outcomes. “Could”, “may”, “ought to” or “would happen”. Ahead-looking statements are based mostly on sure vital assumptions and analyzes made by the Firm and the opinions and estimates of administration as of the date of this press launch, together with the power to help or develop markets and improve profitability.. Though the corporate considers these assumptions to be cheap based mostly on data at present obtainable to it, they could show to be incorrect, and the forward-looking statements contained on this press launch are topic to many dangers, uncertainties and different components which will trigger future outcomes to vary materially from these expressed or implied in these forward-looking statements. These danger components might embody, amongst others, modifications in working efficiency, availability and costs of uncooked supplies, availability of expert labor, fluctuations in change charges, surprising competitors and d ‘different technical, industrial and financial components.. Though the administration of the corporate has tried to determine materials components that might trigger precise outcomes to vary materially from these contained in forward-looking statements or forward-looking data, there could also be different components that trigger precise outcomes outcomes usually are not these anticipated, estimated or anticipated. . There might be no assurance that such statements will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such statements. Due to this fact, readers shouldn’t place undue reliance on forward-looking statements and forward-looking data. Readers are cautioned that counting on this data might not be applicable for different functions. The Firm doesn’t undertake to replace any forward-looking statements, forward-looking data or monetary outlook included by reference herein, besides in accordance with relevant securities legal guidelines. We’re searching for a protected haven.
Neither the TSX Enterprise Change nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts accountability for the adequacy or accuracy of this launch.
For additional data please contact: Gennaro Magistrale Chief Govt Officer, President and Director WestBond Enterprises Company 101 – 7403 Progress Approach, Delta, B.C. V4G 1E7 Tel: (604) 940-3939