WestBond Enterprises Corporation ("WestBond") is pleased to announce that net income for the three months ended December 31, 2006 was $19,844, or $0.002 per share.
The following summary financial information has been extracted from the interim consolidated financial statements for the three and nine month periods ended December 31, 2006, which are available from the Company's website at www.westbond.ca and on www.sedar.com.
|Three months ended
|Nine months ended
|General and administrative expenses||151,671||182,250||501,316||519,998|
|Income before tax||31,373||29,387||134,172||232,966|
|Earnings per share||0.002||0.001||0.008||0.013|
|Financial Position||December 31
|Plant and equipment||2,954,930||3,014,802|
|Future income tax liabilities||438,921||384,668|
WestBond confirms that it has filed its Disclosure of Corporate Governance Practices on February 23, 2007 as an "Other" (Management Proxy Materials) filing.
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.