Geothermal analysis company IES turns a profit six months after leaving university hands

Thu, 04 Jun 2015

By Fiona Rotherham June 4 (BusinessDesk) - International Earth Sciences, which specialises in geothermal and micro-seismic analysis, has turned a profit just six months after being taken into private ownership from the University of Auckland. The Auckland-based company said it had secured multi-million dollar contracts in Mexico, Japan, Germany, Indonesia, and New Zealand that had seen it go from being loss-making under university management to profitable in private hands. Formerly known as the now-defunct University of Auckland Instit...

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