Ecoya ekes out small annual profit as underlying earnings climb 26 percent

Fri, 24 May 2013

May 24 (BusinessDesk) - Ecoya, which is changing its name to Trilogy International, eked out a small profit as underlying earnings climbed 26 percent on the strength of its skincare product range. The Auckland-based company made a profit of $34,000 in the 12 months ended March 31, from a loss of $218,000 a year earlier, it said in a statement. Earnings before interest, tax, depreciation and amortisation climbed to $1.3 million from $1.1 million last year and sales gained 18 percent to $26.7 million. It expects EBITDA of more than $2 million...

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