Home / Knowledge / News / Industrial Nanotech Y-O-Y revenue growth rate climbs to 255%
Industrial Nanotech Y-O-Y revenue growth rate climbs to 255%
02
Apr '08
Industrial Nanotech Inc, an emerging global leader in nanotechnology, reported that revenues from product sales in the first quarter of 2008 increased approximately 255% over the first quarter of 2007.

The average annual year over year total revenue growth rate for the Company for the past three years is 162% per year.

Q1 2008 revenue numbers include the revenue from only the first container of the ten container, $1,070,000.00 US order announced on 3/11/2008 and being shipped to the textile plant in Turkey over ten months at a rate of one container per month.

The first container was shipped in March 2008. An increase in the volume of individual sales to homeowners and business/factory owners, both in the US and in Europe, and a container shipment to the Company's exclusive distributor in Italy also contributed to the increase.

"We are fortunate to be experiencing the significant increase in revenue growth rate that the Company has been able to achieve in a difficult economic climate," said Stuart Burchill, CEO/CTO of Industrial Nanotech Inc.

"We have executed a marketing plan for our Nansulate products that has a particularly strong impact in today's energy conscious world. We continue to hear positive reports from the loyal customer base of both industrial and residential customers regarding our products. Consumers recognize our flagship line, NANSULATE, as the premium solution for saving energy, thermal insulation, corrosionresistance, mold prevention, and lead encapsulation."

Mr. Burchill continued, "With the success of our current Nansulate line, and the products we have coming to market, we are well positioned as a leader in nanotechnology and green technology for years to come."

Industrial Nanotech Inc


Must ReadView All

Egypt’s textile exports increase 3% in 10 months: TEC

Textiles | On 21st Nov 2017

Egypt’s textile exports increase 3% in 10 months: TEC

Exports by Egypt’s Textile Export Council (TEC) between January and...

UKFT turns sector skills body for UK fashion, textile sector

Textiles | On 21st Nov 2017

UKFT turns sector skills body for UK fashion, textile sector

The UK Fashion & Textile Association (UKFT) recently announced at a...

Pakistan’s textile exports up 7.72% in July-Oct ’17

Textiles | On 21st Nov 2017

Pakistan’s textile exports up 7.72% in July-Oct ’17

The value of textile and garment exports from Pakistan increased by...

Interviews View All

Top executives
Textile & apparel bodies

The decision is transformational

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

November 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.5%
No
12.4%
Skip
19.1%

Total Votes: 89

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.8%
No
30.3%
Skip
7.9%

Total Votes: 89

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
86.5%
No
10.1%
Skip
3.4%

Total Votes: 89

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
80.9%
No
9.0%
Skip
10.1%

Total Votes: 89


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search