Blue Star Opportunities Corp. Reports Sharp Earnings Growth for Q1 2016
April 25 2016 - 6:07PM
InvestorsHub NewsWire
SOURCE: Blue Star Opportunities Corp.
|
Company Earnings per Share up More Than
300%
LAS VEGAS, NV--(NewMediaWire- Apr 25, 2016) - Blue Star
Opportunities Corp. (The "Company") (OTC PINK: BSTO) announces today that it has filed its
fiscal 2016 first quarter results on OTCMarkets.com. For the fourth
consecutive quarter, operations of our flooring business has shown
an ever sharper increase in profits with earnings of $137,596 on
revenues of $720,285. This increase in profitability translates
into a more than 300% growth in Earnings per Share over the
previous quarter but more than 10 fold that of a year
ago.
Much of the increased profitability stems from a sharp reduction
in operating expenses, cost of goods and additional financial
support from our suppliers, all of which help us be more
competitive in our main markets.
At time of filing on April 22nd, 2016, growth continues to trend
sharply upwards and so is our profitability. Our new low price
points are not only providing better margins but it is also
allowing us to enter new markets that are price sensitive.
One of the company's main strengths is the use of very advanced
technology in producing hundreds of colors of exceptional quality.
New applications like nanotechnology have helped transform cork
tiles from commodity into beautiful elements for fashionable home
decor. A streamlined supply chain and inventory management system
is playing a major role in our growth and rising profitability.
More information on our product lines can be found at www.duro-design.com
More information and details on our performance can be found in
our filing on OTCMarkets.com site.
ABOUT BLUE STAR
Blue Star Opportunities Corp. is a supplier of environmentally
friendly components used in renovation and construction of family
homes, commercial and retail space, and multi-unit dwellings. The
company is a leader in LEED certified cork and bamboo flooring
offered in hundreds of beautiful hand finished colors. All of the
company's diversified wood product lines are offered through a long
established network of value added resellers and independent agents
located in all major markets throughout the US and Canada. The
company serves architects, designers and real estate managers
offering more than 30 lines of traditional oak, maple, hickory and
many other types of wood in all sizes including larger width and
length flooring. Our ready to install pre finished Cork Tiles are
offered in 6 patterns and 56 colors through hundreds of retail
locations through the US and Canada. More information on our
product lines can be found at www.duro-design.com
FORWARD-LOOKING STATEMENTS: Except for historical information
provided herein, this press release may contain information and
statements of a forward-looking nature concerning the future
performance of the Company. These statements are based on
suppositions and uncertainties as well as on management's best
possible evaluation of future events. Such factors may include,
without excluding other considerations, fluctuations in quarterly
results, evolution in customer demand for the Company's products
and services, the impact of price pressures exerted by competitors,
and general market trends or economic changes. As a result, readers
are advised that actual results may differ from expected
results.
CONTACT INFORMATION
Contact Information
Joseph Hozer
514 679-3403
Blue Star Opportunities (PK) (USOTC:BSTO)
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