AUSTRALIA: Austin Group Sees H1 Profits Treble
Clothing firm Austin Group Ltd today posted a major rise in first half net profit to A$1.45 million (US$750,780), compared to A$405,000 (US$208,980) in the year-ago period. The company said it expects a full year pre-tax profit of A$2.5m (US$1.29m) and revealed revenues climbed 10.4 per cent to A$21.72m (US$11.21m).