The net profit before other items for the 9 month period ending September 30, 2015 was $368,806 compared to $403,708 for the same period in 2014. The profit for other items, $131,592, was gain on settlement of debt for the 9 month period ending September 30, 2014.
Luxor’s sales for the 3 month period ending September 30, 2015 were $956,985 compared to $867,951 for the same period in 2014.
The net profit before other items for 3 month period ending September 30, 2015 was $161,267 compared to $184,395 for the same period in 2014. The profit for other items, $131,592, was gain on settlement of debt for the 3 month period ending September 30, 2014.
Luxor continues to invest in research and development on new products and will keep shareholders advised on existing activities and progress on new products.
Luxor Industrial Corporation is involved in the development, engineering, manufacturing and marketing of engineered wood products.