GREY:VRTHF - Post by User
Post by
summit4on Mar 17, 2016 2:32pm
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Post# 24671242
And another good month
And another good monthMarch 16, 2016 - International Barrier Technology Inc. (“Barrier”) (IBTGF: OTCQB; IBH-V: TSXV), a manufacturer of proprietary fire-resistant building materials has released monthly revenue and sales volumes results for the period ending February 29, 2016. Overall sales revenue generated for the month of February increased significantly (by 38%) to $837,407 from $605,798 in February 2015. Total sales revenue generated fiscal year-to-date (Jul-Feb) is up 10% year over year. Total sales volume, as measured by square footage of shipment to all markets for the month of February 2016, was 49% greater than shipments in February 2015 (2,242,616 sq. ft. vs. 1,505,824 sq. ft.). Shipment volume for the fiscal year-to-date period (Jul-Feb) increased 9%. During the fiscal year-to-date period, shipment volume into the Residential Roof Deck/Wall Assembly/Structural Insulated Panel Market increased 13% and shipment volume into the Commercial Modular industry decreased slightly by 2%.