For Immediate Release:
Contact: Joseph Mazin, President & CEO
Telephone: (818) 890-1401
Fax: (818) 890-6001
Web Site: http://www.flamemaster.com
FLAMEMASTER EARNINGS SOAR TO $.21 PER SHARE
ON A 75% RISE IN SALES FOR THE QUARTER ENDED MARCH 31, 2015
Pacoima, California, May 06, 2015 – Flamemaster Corporation (OTC “FAME”) today reported earnings advanced to $230,915 or $.21 per share on sales of $1,912,103 for the quarter ended March 31, 2015, compared to a gain of $30,192 or $.03 per share on sales of $1,092,448 for the year earlier period.
For the six month period ended March 31, 2015 the Company reported earnings surged to $473,503 or $.42 on sales of $4,037,111, a 74.6% increase, compared to a gain of $55,971 or $.05 per share on sales of $2,311,776 in the prior year.
Flamemaster is a Southern California based specialty chemicals manufacturer of high performance sealants, adhesives and coatings, servicing the Aerospace, Defense, Energy, and Transportation industries.
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.