The latest staffing, leadership and boardroom news from Michigan’s technology-focused companies, institutions and groups.
Royal Oak-based Bonal International Inc. (OTC: BONL) last week announced net income of $111,148 or 7 cents a share for the second fiscal quarter ended Sept. 30, down from $201,196 or 12 cents a share in the same quarter of a year earlier. Revenue for the quarrer was $581,325, down from $747,048 a year earlier.
Bonal International Inc. announced first quarter revenue of $519,077, up 23 percent from last year’s $422,605. Net income was $54,544, an increase of 52 percent from $35,956 last year.
Bonal International, Inc. (OTC: BONL) announced 2013 fiscal year revenue of $2.5 million, up from $2.3 million a year earlier.
Shareholders of Bonal International Inc. in a special meeting Tuesday rejected a buyout offer that was below the company’s current market price.
Bonal International, Inc. (OTC: BONL) announced a record third quarter revenue of $620,577, up 53 percent over last year’s third quarter of $405,533. The revenue is the highest achieved for any third quarter for the company.
The board of a small publicly held company in Royal Oak that markets an alternative to heat treating metals to strengthen them has accepted a buyout offer of 86 cents a share. Bonal International Inc. announced the deal with DePierre Management & Manufacturing LLC Friday afternoon.
On Wednesday, Royal Oak-based Bonal International Inc. for the third time this fiscal year announced a dividend of 10 cents a share, 2etting a fiscal year dividend record of 30 cents a share for the company.
Bonal International, Inc. (OTC: BONL) announced continued increases in net income, revenue, and earnings per share for the fiscal second quarter ended Sept. 30.
Bonal International Inc. Wednesday announced a slow but still profitable third fiscal quarter ended Dec. 31.