Trilogy flags return to profit in first half on Australian sales

Thu, 18 Sep 2014

By Suze Metherell Sept. 18 (BusinessDesk) - Trilogy International, the skincare and scented candle company, expects to return to profit in the first half of its financial year as Australian sales pick up. Net profit is expected to be $860,000 in the six months ending Sept. 30, from a loss of $269,000 a year earlier, the Auckland-based company said in a statement. Sales will rise 11 percent to $15 million, it said. The company, which is 49 percent owned by The Bakery Business, changed its name from Ecoya to Trilogy in June last year to...

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