WestBond Reports Financial Results for the Year ended March 31, 2025

DELTA, British Columbia, June 25, 2025 (GLOBE NEWSWIRE) -- WestBond Enterprises Corporation (TSXV:WBE) has posted a loss of $52,380 for the year ended March 31, 2025 ($210,683 loss for the year ended March 31, 2024). The value ascribed to stock options granted during the year contributed to this small loss. Sales increased 4.9% to $9,673,002 this year compared to $9,219,948 for the year ended March 31, 2024.

The increase in revenue is the result of an increase in sales of wipe products and air-laid napkins and parent rolls, offset by a decrease in sales of personal hygiene, clinical, and other product categories. The addition of production staff, materials handling personnel and new equipment helped reduce the inefficiencies from the previous year.

Sales are expected to increase as we continue to manage inquiries from our current and potential customers from within Canada due to the uncertainties of tariffs from the USA. In addition, several new markets in the USA and Canada have been established in the food service industry involving major restaurant chains. The company continues to focus on this market segment, adding staff ...