Blis finally cracks an annual profit after almost 18 years of public life

Blis finally cracks an annual profit after almost 18 years of public life
Paul McBeth
By Paul McBeth May 28 (BusinessDesk) - Blis Technologies reported a maiden profit, almost 18 years since listing, and the probiotic maker expects to chalk up a bigger profit in the coming year on growing international demand for its probiotic products.  The Dunedin-based company reported a profit of $381,000 in the 12 months ended March 31, turning around a loss of $1 million a year earlier. Revenue climbed 59 percent to $5.3 million, with double-digit growth in New Zealand, the Asia Pacific, and North America. Earnings before interest, t...

More Listed Companies

UPDATE: NZX directors mauled in fee vote
Markets

UPDATE: NZX directors mauled in fee vote

Of shares voted on the re-election of NZX chair John McMahon, 27.62% were opposed.

How ‘shareholder value’ became a Wall Street mantra
Policy

How ‘shareholder value’ became a Wall Street mantra

Michael Jensen inspired the transformation of capitalism. Was he a hero or a villain?

Bloomberg 13 Apr 2024
How many boards should a director sit on?
Listed Companies

Simon Robertson: How many boards should a director sit on?

An attempt to judge the composition trends in NZX boards is challenging.

Simon Robertson 13 Apr 2024
Wellington council picks Precinct for major civic square project
Property

Wellington council picks Precinct for major civic square project

Firm will fund and build the new five-star green building.

Staff reporters 11 Apr 2024