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

Jonathan Underhill
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...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Primary Sector
Another class action against A2, this time in Auckland
Rebecca Howard | Wed, 18 May 2022

The opt-in class action has been filed in the Auckland High Court and already includes one financial institution. 

Infrastructure
Argosy's property income slips as portfolio's value rises
Jenny Ruth | Wed, 18 May 2022

Argosy will pay out more in dividends than adjusted funds from operations, as foreshadowed a year ago.

Primary Sector
Fed Farmers' Lewis stepping down after 17 years
Rebecca Howard | Wed, 18 May 2022

Federated Farmers board member Chris Lewis said it was time for change within the organisation.

Partner content
What’s driving the ram raids, and what shop owners can do

Scott La Franchie explains the motivations behind the spate of burglaries.

Partner content
Grow your business by taking time to plan

Getting business fundamentals right gives the best chance at beating the unplannable.