FSI Announces Fourth Quarter Revenues of $2.6M

FLEXIBLE SOLUTIONS INTERNATIONAL, INC. FSI, is the developer and manufacturer of biodegradable and environmentally safe water and energy conservation technologies, as well as oil field anti-scalant technology, and detergent and agricultural products. Today the Company announces a significant year over year increase in revenues for Fourth Quarter (Q4) and Full Year (FY), 2010. Sales into oil extraction, agriculture and detergent industries were higher than in Q4, 2009. As a result, Flexible Solutions' top line revenue increased from $2.40million (Q4, ‘09) to $2.60million (Q4, ‘10), up 8% year over year. Top line revenue for Full Year 2010 increased from $9.78million (FY, '09) to $11.49million (FY,'10) up 17% year over year.
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Posted In: EarningsNewsMaterialsSpecialty Chemicals
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