FOR IMMEDIATE RELEASE: March 6, 2014
Contact: Joseph Mazin, President & CEO
Telephone: (818) 890-1401
Fax: (818) 890-6001
Web Site: http://flamemaster.com
Dream Master Trailer :http://www.youtube.com/watch?v=uvhUucm9efw
FLAMEMASTER REPORTS EARNINGS OF $0.15 PER SHARE
FOR FISCAL YEAR ENDED SEPTEMBER 30, 2013
Pacoima, California, March 06, 2014 – Flamemaster Corporation (Pink Sheets “FAME.PK”) reported net income of $174,582 on sales of $4,339,926 for the year ended September 30, 2013. In the previous year earnings were $168,938 on sales of $4,905,073. Per share results were $.15 fully diluted in 2013 vs. $.14 fully diluted in 2012.
For the 4th quarter ended September 30, 2013, the Company reported net income rose by 65% to $182,437 on sales of $1,211,190, compared to net income of $110,333 on sales of $1,265,423 in the prior year. Per share results for the quarter ending September 30, 2013 were $.16 compared to $.09 for the quarter ending September 30, 2012.
The company has added several new direct customers as well as distributors for the Asian and South American markets.
Flamemaster is a Southern California based specialty chemicals manufacturer servicing the aerospace, electronic, communication, marine, energy, transportation and defense industries with high performance aircraft sealants and coatings.
The release herein may contain or identify a forward-looking statement. These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the Company and reflect future business decisions, which are subject to change.
SOURCE: Flamemaster Corporation
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13576 Desmond Street
Pacoima, CA 81331
Phone: 818 890-1401
Fax 818 890-6001