Blis Technologies forecasts first profit of more than $700k in 2017

Thu, 28 Jul 2016

By Sophie Boot July 28 (BusinessDesk) - Blis Technologies, the biotechnology firm, expects to post a profit of at least $700,000 for the 2017 financial year. In May, the company said it expected to report its first annual profit in the year to March 31, 2017. After market close today, the Dunedin-based company said it expects revenue of at least $8 million in that year, and profit in excess of $700,000. Its unaudited first-quarter results support the guidance, with trading revenues of $1.95 million and earnings before interest, taxati...

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