Resumes the quarterly dividend at an elevated price of $ 0.02 per share
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 because 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 price of $ 0.02 per share. The following dividend shall be paid on March 22, 2021 to shareholders of file on March 5, 2021.
The quarterly report and different info 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 data that represent forward-looking info throughout the that means of relevant Canadian securities legal guidelines, together with statements relating to the intentions of the corporate. As a normal rule, forward-looking statements and data might be recognized by means of forward-looking phrases corresponding to “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 necessary 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 assist or develop markets and improve profitability.. Though the corporate considers these assumptions to be cheap based mostly on info presently out there to it, they might show to be incorrect, and the forward-looking statements contained on this press launch are topic to many dangers, uncertainties and different elements which will trigger future outcomes to vary materially from these expressed or implied in these forward-looking statements. These threat elements could embody, amongst others, adjustments in working efficiency, availability and costs of uncooked supplies, availability of expert labor, fluctuations in change charges, sudden competitors and d ‘different technical, business and financial elements.. Though the administration of the corporate has tried to determine materials elements that would trigger precise outcomes to vary materially from these contained in forward-looking statements or forward-looking info, there could also be different elements that trigger precise outcomes outcomes aren’t 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 info. Readers are cautioned that counting on this info is probably not applicable for different functions. The Firm doesn’t undertake to replace any forward-looking statements, forward-looking info or monetary outlook included by reference herein, besides in accordance with relevant securities legal guidelines. We’re searching for a protected haven.
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CONTACT: For additional info please contact: Gennaro Magistrale Chief Govt Officer, President and Director WestBond Enterprises Company 101 – 7403 Progress Method, Delta, B.C. V4G 1E7 Tel: (604) 940-3939