Blis Technologies expects ‘small profit’ in fiscal 2019 as revenue recovers

Mon, 09 Jul 2018

By Margreet Dietz July 10 (BusinessDesk) - Blis Technologies expects to post a “small profit” for the fiscal 2019 year as the biotechnology firm reported revenue more than tripled in the first quarter while its losses narrowed. Trading revenue for the Dunedin-based company rose to $1.64 million in the quarter ended June 30, nearly tripling from $590,000 in the same quarter a year earlier, it said in a statement, adding that the interim results were unaudited. It posted a $92,000 loss before interest, taxes, depreciation and amortisatio...

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