Viz Branz reports higher profit on price hikes, reduction in raw material costs
Viz Branz has registered a 54 per cent jump in fourth quarter net profit to $5.2 million.
Revenue for the three months to June 30 inched up 1 per cent to $39 million.
Earnings per share climbed to 1.45 cents from 0.94 cent previously while net asset value per share grew by 4.7 cents to 31.4 cents.
For the full year, net profit rose by 14 per cent to $19.3 million despite a 3 per cent drop in revenue to $167.8 million.