RESEND: Blis sees slower profitabilty as 1H loss widens, faces NZX action

Mon, 03 Nov 2014

(fixes typo in fifth paragraph.) By Paul McBeth Nov. 4 (BusinessDesk) - Blis Technologies, the NZX-listed biotech company, anticipates a slower move to profitability after its first-half loss widened, and says it faces disciplinary action from the stock market regulator over an announcement it made in August. The company reported a loss of $808,000, or 0.07 cents per share, in the six months ended Sept. 30, compared to a loss of $764,000, or 0.11 cents, a year earlier, Dunedin-based Blis said in a statement yesterday. Revenue climbed 5...

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