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

Tue, 28 May 2019

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...

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