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.
不列顛哥倫比亞省達美航空--（Newsfile Corp.，2024年2月28日）——Fab-Form Industries Ltd.（多倫多證券交易所股票代碼：FBF）（“Fab-Form” 或 “公司”）發佈了截至2023年12月31日的三個月的財務業績。該公司在本季度實現了107,372美元的淨利潤，與2022年同期相比下降了21％。此外，截至2023年12月31日的三個月收入爲1,020,614美元，與2022年同期相比增長了1.5％。該期間的營業收入爲148,928美元，與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.
年初至今收入爲256萬美元，而2022年爲311萬美元，年初至今淨利潤爲464,370美元，而截至2022年12月31日的六個月期間爲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日的財政年度第二季度中，Fast-Tube的生產開始並順利進行，沒有受到任何干擾。第一次澆注試驗成功完成，隨後兩家當地承包商在不列顛哥倫比亞省低陸平原進行了多次澆注。直徑爲 8 英寸、10 英寸、12 英寸、14 英寸和 16 英寸的 Fast-Tube 是在第一批生產中生產的。根據結果，生產需求翻了一番，所需材料的採購已於2023年12月得到確認。第二批物資將於2024年2月底抵達達美倉庫。
"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.
“我們對Fast-Tube的初步測試結果感到非常興奮 我們爲能夠通過我們的產品爲行業增加價值而感到自豪。我們重視那些相信我們產品並願意分享我們故事的值得信賴的客戶。” 總裁兼首席執行官喬伊·費恩說。
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.
有關財務報表的更多詳細信息和全面信息，您可以訪問公司的網站，或訪問SEDAR+，網址爲。或者，您可以直接向位於達美的Fab-Form總部索取更多信息。
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.
關於 Fab-Form
Fab-Form Industries Ltd. 位於加拿大不列顛哥倫比亞省溫哥華，被公認爲混凝土成型產品的傑出製造商。該公司成立於1986年，一直致力於爲建築行業創造和商業化可持續和高效的基礎產品。自1999年以來，Fab-Form一直在多倫多證券交易所風險投資交易所（TSXV）上市，股票代碼爲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.
前瞻性陳述
根據適用證券法的定義，本新聞稿中包含的某些陳述構成了 “前瞻性陳述”。這些陳述包括但不限於成功開發、製造和分銷新產品，以及其他有關未來預期事件、狀況或業績的類似陳述，這些陳述本質上不是歷史性的，反映了管理層當前的估計、信念、意圖和預期。這些聲明並不能保證未來的表現。公司警告說，所有前瞻性信息本質上都是不確定的，實際業績可能會受到多種重大因素的影響，其中許多因素是公司無法控制的。這些因素包括與產品開發相關的風險和不確定性；公司獲得額外融資的能力；公司有限的運營歷史；遵守環境和政府法規的必要性；產品性能的潛在缺陷；貨幣匯率的波動；大宗商品價格的波動；運營風險和風險；競爭；獲取市場份額的不確定性以及其他風險和不確定性。因此，未來的實際事件、條件和結果可能與前瞻性信息中表達或暗示的估計、信念、意圖和預期存在重大差異。這些陳述自報告日起作出，除非法律要求，否則公司沒有義務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.
多倫多證券交易所風險投資交易所及其監管服務提供商（該術語在多倫多證券交易所風險投資交易所的政策中定義）均不對本新聞稿的充分性或準確性承擔責任。
Company Contact: Joey Fearn| joey@fab-form.com | 604 596-3278
公司聯繫人：Joey Fearn| joey@fab-form.com | 604 596-3278
For additional information please visit our website at
View our profile on SEDAR.
欲了解更多信息，請訪問我們的網站，網址爲
在上查看我們的個人資料 SEDAR。
譯文內容由第三人軟體翻譯。