Mr. Gennaro Magistrale reports
WESTBOND ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER ENDED DECEMBER 31, 2025
Westbond Enterprises Corp.'s net profit for the quarter ended Dec. 31, 2025, increased 24.8 per cent to $217,948, when compared with a profit of $174,630 for the three months ended Sept. 30, 2025. Sales were $2,973,050 for the quarter ended Dec. 31, 2025, which is 1.9 per cent lower than $3,030,669 for the quarter ended Sept. 30, 2025.
On the hospitality/domestic side, the company continues to supply customized air-laid napkins to high-profile national restaurant chains. An additional major restaurant chain has committed to the company's napkins and orders have already been received. Demand for the company's products remains high and Westbond continues to rebrand its products to aid in its marketing efforts, which includes a proposed expansion into the retail sector.
After four years in her role, Subhashni Prasad has resigned as the secretary/treasurer and chief financial officer of the company, effective Jan. 30, 2026, to pursue other opportunities. The board would like to thank Ms. Prasad and wish her well in her future endeavours. Owen Granger, who retired as a director, secretary/treasurer and chief financial officer of the company in December, 2021, has been re-engaged as a consultant to assist in the selection of a new CFO.
The quarterly report and other information are available on the company's website and on SEDAR+.
We seek Safe Harbor.
© 2026 Canjex Publishing Ltd. All rights reserved.