PharmaZen reports record profit, brings forward plant expansion

Wed, 03 Apr 2019

By Gavin Evans April 4 (BusinessDesk) - PharmaZen has brought forward development of a new blackcurrant processing facility after full-year sales jumped 72 percent and delivered a record $1.28 million profit for 2018. Plant expansion in the first half of 2018 saw sales for the six months ended December almost match the $7.3 million reported for the entire 2017 year, the Christchurch-based health supplements maker says. “Demand for both new and existing products has been exceptionally pleasing and well exceeded expectations,” chief exec...

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