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FSI reports 25% increase in revenues in Q2 2010.

M2 EQUITYBITES-9 July 2010-FSI reports 25% increase in revenues in Q2 2010(C)2010 M2 COMMUNICATIONS

Flexible Solutions International Inc (FSI) (AMEX:FSI) (Frankfurt:FXT), a developer and manufacturer of biodegradable and environmentally safe water and energy conservation technologies, on Thursday reported top line revenues of USD2.83m for the second quarter of 2010.

This was in comparison with revenues of USD2.27m in the Q2 of 2009, representing a 25% increase.

The company said that during the quarter sales in oil extraction, agriculture and detergent industries were significantly higher than in Q2 2009.

The company also said that it anticipates revenues for full year 2010 to continue to track higher than revenues in 2009.

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Publication:M2 EquityBites (EQB)
Article Type:Financial report
Date:Jul 9, 2010
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