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Bonal International Reports Profitable Second Quarter for Fiscal Year 2020

Royal Oak, Mich., November 18, 2019 – Bonal International, Inc., (OTC: BONL) announced revenue results of $388,081 for the second quarter which ended September 30, 2019. This was a 4.9 percent decrease over the first quarter and down 12.7 percent from last year’s second quarter. Net income for the second quarter was $20,545, up from last quarter’s $2,942, but down from last year’s second quarter’s net income of $23,807. Earnings per share for the second quarter were $0.01 per share which was the same as last year’s second quarter earnings.

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