For Immediate Release: July 8, 2016
Contact: Joseph Mazin, President & CEO
Telephone: (818) 890-1401
Fax: (818) 890-6001
Web Site: http://www,flamemaster.com
FLAMEMASTER REPORTS EARNINGS OF $.07 PER SHARE
FOR THE QUARTER ENDED MARCH 31, 2016
Pacoima, California, July 08, 2016 – Flamemaster Corporation (OTC “FAME”) today reported earnings of $79,597 or $.07 per share on sales of $1,799,477 for the quarter ended March 31, 2016, compared to a gain of $230,915 or $.21 per share on sales of $1,912,103 for the year earlier period.
For the six month period ended March 31, 2016 the Company reported earnings of $111,632 or $.10 on sales of $3,248,891,compared to a gain of $473,503 or $.42 per share on sales of $4,037,111 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.