Blis Technologies narrows 1H loss, upbeat about FY19

Thu, 15 Nov 2018

By Rebecca Howard Nov. 16 (BusinessDesk) - Blis Technologies narrowed its first-half loss and continues to expect a pre-tax profit for the full year as revenue ticks higher. The Dunedin-based company, set up to commercialise probiotic bacteria for use in consumer products for oral health, colds and flu, reported a pre-tax loss of $500,000 in the six months to Sept .30, versus a loss of $1.2 million in the same period a year earlier. Its loss before interest, tax, depreciation and amortization was $248,000. Revenues, however, lifted 47...

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