AWF Madison increases 1H profit 17%, expects 'satisfactory' full-year result

Tina Morrison
Sun, 08 Nov 2015

By Tina Morrison Nov. 9 (BusinessDesk) - AWF Madison Group, the country's largest contract labour firm, increased first-half profit 17 percent and said it expects a "satisfactory" result for the full year. Profit was $3.4 million, or 10.5 cents a year, in the six months ended Sept. 30, from $2.9 million, or 11.1 cents, in the year earlier period, the Auckland-based company said in a statement. Revenue advanced 7.8 percent to $106.3 million, it said. The company has expanding its business, buying recruitment firm Madison Group in 2013 t...

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