Blis Technologies posts positive first-half earnings, putting it on track for first annual profit since listing

Sun, 20 Nov 2016

By Jonathan Underhill Nov. 21 (BusinessDesk) - Blis Technologies turned to a first-half profit, allowing it to affirm guidance for its first annual profit since listing 15 years ago, as solid sales growth offset the impact of a strong kiwi dollar against the greenback and the euro. Profit was $428,000 in the six months ended Sept. 30, from a loss of $405,00 a year earlier, the Dunedin-based company said in a statement. Sales jumped 41 percent to $3.8 million, with the fastest growth coming from North America and Asia. It first flagged the...

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