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GOLDEN Circle Boasts Profit Turnaround. |
GOLDEN Circle hopes to secure continual sales growth through new product innovation.
The company has made a $3.5 million profit for the year ending June 30, it follows a $22.2 million loss on the previous year.
Golden Circle's chief executive officer, Craig Mills, says despite considerable challenges ahead, the company is continuing to focus on better efficiency and improved sales.
"It's a continuation of the restructuring program that we started last year - the refinancing that occurred in October last year and a continuation of that and certainly a more commercial focus that we've had over the last year or year and a bit," he said.
Golden Circle listed in March on the National Stock Exchange, a junior market, as a step towards an Australian Securities Exchange listing.
NSX Code: GCO
Listing Date: Wednesday, March 19, 2008
Principal Activities: Food and beverage manufacturing
Industry Class: Food and beverages
Via: Courier Mail Business News - 22nd September 2008
ABC News food and beverage - 16th September 2008
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Refresh Group Limited Reduces Losses |
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Refresh Group Limited has released a preliminary final report for the period ending 30 June 2008. Refresh Group Limited made a loss from ordinary activities after tax attributable to members , of $57,046. Revenue from ordinary activities was up by 25 per cent for a total of $5,148,487. This years loss was a 95 per cent improvement on the previous year, bolstered after a $575,130 gain on the sale of assets. STOCK DASHBOARD: September 01, 2008 Last traded June 25, 2008: 6.50c Relative Strength (6 months percentile rank): 78.1 Market capitalisation: $2 million Turnover volume: 10,000.0 Volume Index (1 is average): 2.1 Turnover value: $650 Turnover period: 23 years 40 days Source: www.BuySellTips.com
Company Overview
Refresh Group Limited, together with its subsidiaries, engages in the production and distribution of distilled bottled water and bottled spring water in Australia. It sells its retail packs in supermarkets, restaurants, and delicatessens. The company also supplies water containers for commercial applications in dental and medical laboratories, and surgeries in their autoclaves. It also offers contract bottling services for private labels.
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