Business
Blue Star Opportunities Corp. Reports Sharp Earnings Growth for Q1 2016
Blue Star Opportunities Corp. Reports Sharp Earnings Growth for Q1 2016.
About this update from Blue Star Opportunities Corp.
[{"type":"text","content":"\n \n \n Blue Star Opportunities Corp. Reports Sharp Earnings Growth for Q1 2016\n \n \nBlue Star Opportunities Corp. Reports Sharp Earnings Growth for Q1 2016\n\nCompany Earnings per Share up More Than 300%\n\n \n LAS VEGAS, NV--(Marketwired - 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. \n 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.\n 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.\n 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\n More information and details on our performance can be found in our filing on OTCMarkets.com site. \n ABOUT BLUE STAR\n 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 r...