Fab-Form Industries Ltd. (TSE:FBF) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
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.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue