Luxor Industrial Reports 8th Consecutive Quarter of Profitability, Adds Extra Shifts - Video News Alert on InvestmentPitch.com

Vancouver, British Columbia--(Newsfile Corp. - September 2, 2015) - Luxor Industrial Corporation (TSXV: LRL) reported its 8th consecutive quarter of profitability, adding extra shifts. Sales for the 6 month period ending June 30, 2015 were $1,688,622, up 25% compared to the $1,353,167 reported in the same period in 2014.

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Net profit was $208,000 for the 6 months ended June 30, 2015, compared to $219,000 for the first 6 months of 2014. For the quarter ending June 30, 2015, the company reported sales of $690,000 compared to $969,000 in the comparable quarter in 2014, with net profits decreasing to $51,000 from $202,000.

Terry Lashman, President stated: "Although sales increased in the first half of 2015, the decrease of sales in the second quarter was partially due to inventory adjustments and plant and equipment modifications. Due to increasing sales, we recently added a second shift during the week as well as extra shifts on the weekend in the manufacturing operations."

Luxor, involved in the development, engineering, manufacturing and marketing of engineered wood products, operates in 3 sectors.

In the industrial sector, it manufactures wood mat products for various applications including transmission lines, pipelines, wind farms, staging areas, and boardwalks, across diverse industries including oil and gas and mining operations.

In residential construction, it manufactures and markets its patented IBS 2000® and patent pending IBS 3000™ engineered floor bridging, where it has established itself as a leading authority in wood floor performance engineering. Luxor also manufactures and markets other building components and architectural wood products as well as offering custom wood cutting services.

In the commercial sector the company designs and distributes engineered wood products, such as laminated beams, for use in large wood structures.

Luxor continues to do research & development on new products.

The shares are trading at $0.11, and with 33.5 million shares outstanding, the company is capitalized at $3.7 million. For more information, please visit the company's website www.luxorcorp.com or contact Terry Lashman, President & CEO at 1-800-665-2454 or emailmanagement@luxorcorp.com.

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