Luxor Sales Increase 50 Percent for First 9 Months 2012
10 Dezember 2012 - 3:15PM
Luxor Industrial Corporation (Pink Sheets:LXRRF) (TSX-V:LRL) wishes
to provide an update on corporate activities. Luxor's sales for the
9 month period ending September 30, 2012 were $ 3,413,788 compared
to $ 2,262,117 for the same period in 2011, an increase of 51
percent. The net profit for 9 month period ending September 30,
2012 was $ 88,231 compared to a net profit of $ 174,833 for the
same period in 2011. Luxor has 21,395,319 shares issued and
outstanding. EBITA for the 9 month period ending September 30, 2012
was $ 198,238 compared to $ 210,588 for the same period in 2011.
Luxor's customers are pleased with the Company's service,
quality and innovation. Luxor has embarked on new projects and
anticipates significant sales growth based on progress made with
new and existing products. The Company will keep shareholders
advised of further developments.
About Luxor Industrial Corporation
Luxor manufactures and markets its patented IBS 2000® and patent
pending IBS3000™ engineered bridging. Both enable a floor to act as
a system with unparalleled scale of gain in stiffness and rigidity.
Luxor has spent years analyzing wood-frame floor construction,
establishing itself as a leading authority in wood floor
performance engineering.
Luxor also manufactures other building components, architectural
and utility wood products including specialty products for the
natural resource sector. It distributes laminated beams and offers
various custom wood cutting services. Luxor offers coating
services, which protect wood against mold, decay, insects and
fire.
The TSX Venture Exchange has neither approved nor disapproved
this announcement
CONTACT: Luxor Industrial Corporation
Terry Lashman
(800) 665-2454
(604) 684-7929
John Taylor
(877) 496-4355
(604) 864-9601
www.luxorcorp.com
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