09 Apr FLAMEMASTER REPORTS EARNINGS OF $.23 PER SHARE

Posted at 17:34h in Uncategorized by

 

 

Contact: Joseph Mazin, President & CEO

Telephone: (818) 890-1401

Fax:            (818) 890-6001

Web Site: http://www.flamemaster.com

E-mail:    Releases@flamemaster.com

 

FLAMEMASTER REPORTS EARNINGS OF $.23 PER SHARE ON A 48% INCREASE IN SALES FOR THE 1ST QUARER ENDED DECEMBER 31, 2017

Pacoima, California, April 6, 2018 – Flamemaster Corporation (Pink Sheets “FAME.PK”) reported earnings of $251,960 of $.23 per share on sales of $1,860,885 for the quarter ended December 31, 2017, compared to a gain of $7,950 or $.01 per share on sales of $1,257,552 for the year earlier period.

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.

Flamemaster Corporation

(Unaudited)

3 Months 3 Months
Ended Ended
12/31/2017 12/31/2016
                                                     Sales 1,860,885 1,257,552
                             Net income/(Loss) 251,960  7,950
           Net income/(Loss) per share $.23 $.01
                                      (fully diluted)