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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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