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New Image says second half better

New Image Group Ltd has reported a 52.62 percent fall in bottom line profit to $7.4 million in the year to June 30 and will pay a half cent a share final dividend.

NZPA
Thu, 26 Aug 2010

New Image Group Ltd has reported a 52.62 percent fall in bottom line profit to $7.4 million in the year to June 30 and will pay a half cent a share final dividend.

Earnings before interest, tax, depreciation and amortisation were higher at $12.2m. Revenue fell 17.17 percent to $81.29m.

The health and wellness product manufacturer company said second half revenues were up 2.8 percent and net profit after tax was up 5.1 percent.

The company said its shareholder base has been significantly strengthened with the disclosure of interests by the Accident Compensation Corporation and Huljich Wealth Management.

NZPA
Thu, 26 Aug 2010
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New Image says second half better
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