DELTA, British Columbia, Feb. 26, 2018 (GLOBE NEWSWIRE) -- WestBond Enterprises Corporation (TSXV:WBE) has posted a profit
of $124,341 for the quarter ended December 31, 2017. This represents a 108% increase over the same period last year ($59,774,
December 31, 2016). Sales also increased 14.4% to $2,617,300 this quarter compared to $2,287,980 for the same quarter in
2016. Sales are also 10.4% higher than the previous quarter ended September 30, 2017.
The increase in sales and net income are due to the company’s efforts to develop new markets for its air laid products and
existing clinical and personal hygiene lines. Air laid products and parent roll sales increased significantly in the food service
market. WestBond intends to continue to develop these markets and increase profitability by improving production efficiencies and
lowering overhead costs.
The quarterly report and other information can be found on the company’s website at www.westbond.ca and on SEDAR
at www.sedar.com.
For further information please contact:
Gennaro Magistrale
Chief Executive Officer, President and Director
WestBond Enterprises Corporation
101 – 7403 Progress Way, Delta, B.C. V4G 1E7
Tel: (604) 940-3939
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
