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(15 Minute Delayed Quote)
|WestBond Announces September 2006 Interim Financials|
|November 28th 2006|
|WestBond Enterprises Corporation ("WestBond") is pleased to announce that net income for the three months ended September 30, 2006 was $37,747, or $0.004 per share.
The following summary financial information has been extracted from the interim consolidated financial statements for the three and six month periods ended September 30, 2006, which are available from the Company's website at www.westbond.ca and on www.sedar.com.
| ||Three months ended|
|Six months ended|
|General and administrative expenses||168,577||175,424||349,645||337,748|
|Income before tax||60,248||67,560||102,799||203,579|
|Income tax||22,501 ||31,423||42,724||86,027|
|Net income ||37,747||36,137||60,075||117,552|
|Earnings per share||0.004||0.004||0.006||0.011|
| ||September 30|
|Plant and equipment||2,998,949||3,014,802|
|Future income tax liabilities||427,392||384,668|
WestBond also wishes to thank Frank Barker for his services to the Company over the past few years. Mr. Barker has resigned as a director of the Company.
WestBond is a producer of high quality disposable paper products marketed through medical and industrial distributors and operates a manufacturing facility in Delta, British Columbia, Canada.