Westbond (TSE:WBE) has released an update.
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WestBond Enterprises Corporation has announced a successful quarter with a net profit of $12,566, a significant turnaround from the previous year’s loss, and a 19.6% increase in sales. The company credits the growth to expanded production, efficient materials handling, and a focus on the food service industry with their high-end napkins. Additionally, new equipment is expected to bolster market share in North America and enhance performance in other product sectors.
For further insights into TSE:WBE stock, check out TipRanks’ Stock Analysis page.