Fab-Form Industries Ltd. (TSE:FBF) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Fab-Form Industries Ltd. reported a net profit of $107,372 in the second quarter, a 21% decrease from the previous year, despite a slight 1.5% increase in revenue. Year-to-date figures also show a downturn, with net profits and revenue trailing the previous year’s results. The company highlighted successful initial testing and production of their new Fast-Tube product, expressing optimism for future growth.
For further insights into TSE:FBF stock, check out TipRanks’ Stock Analysis page.