| SYMBOL: (TSX) LRL | December 12, 2008 | 12g3(b)82822 |
| SYMBOL: (OTC) LXRRF | PRESS RELEASE 12.2008 | S&P LISTED |
Luxor Reports Positive Third Quarter EBITA
Luxor Industrial Corporation is pleased to report EBITA of $7,540 for the three month period ending September 30, 2007.
Sales for the three month period ending September 30, 2007 were $395,933 compared to $344,979 for the same period of 2006. Sales for the nine month period ending Sept 30, 2007 were $1,013,586 compared to $1,115,361 for the same period of 2006.
The net loss for the three month period ending September 30, 2007 was $4,876 compared to $56,910 for the same period of 2006. The net loss for the nine month period ending September 30, 2007 was $151,291 compared to a loss of $143,578 for the same period of 2006.
In addition to manufacturing its patented IBS 2000® EWP Connectors, the Company has the space and equipment to manufacture other product and to provide custom services at its large facility in Greater Vancouver. Sales are increasing in wall components, conventional bridging, survey stakes, architectural detail products, wholesaling of engineered wood products and in custom cutting services including precision end trimming. Luxor is currently focusing its IBS 2000® efforts on securing needed distribution channels and tactics that support this initiative within its existing cash flow.
Luxor expects its continued expansion of markets and product lines will make a substantial contribution to its growth in the forward period.
About Luxor Industrial Corporation
Luxor Industrial Corporation is based in Vancouver, British Columbia. Luxor has spent many years in Research and Development, analyzing wood-frame floor construction, while establishing itself as a leading authority in building systems innovations. Luxor markets, manufactures, and distributes its patented IBS 2000® as well as providing other products and services. Luxor is listed on the TSX Venture Exchange under the ticker symbol LRL.V and on the OTC under the ticker symbol LXRRF.
Luxor has spent many years in Research and Development, analyzing wood-frame floor construction, while establishing itself as a leading authority in North America. Luxor markets, manufactures, and distributes the patented IBS EWP Connectors, other building components and also provides custom cutting services.
For further information contact Kaycee Waters or Terry Lashman at (800) 665-2454 or (604) 684-7929 or visit Luxor's website at www.luxorcorp.com.
The TSX Venture Exchange has neither approved nor disapproved this announcement
Suite 702 - 889 West Pender • Vancouver, BC • V6C 3B2
Tel: (604) 684-7929 • Toll Free: (800) 665-2454 • Fax: (604) 683-2003
email: management@luxorcorp.com • Website: www.luxorcorp.com
- More about IBS
- IBS Video Presentation
- How to design I-Joist Lumber
- Photo Gallery
- Span Tables
- Technical
- F.A.Q.
- Floor Navigator
- Brochure
- Floor Performance Rating
- Consumer Retrofit
- Builder Retrofit
- Cost Comparisons
- Pro and Con Comparison
- Architect Education
- Product Attributes
With Luxor's products you use less wood - get better results and save money!