Brief: Comvita Posts FY Net Profit After Tax NZ$12.8 Million

Comvita

24/08/2022 21:40

Aug 25 (Reuters) - Comvita Ltd  CVT.NZ :
    * FY NET PROFIT AFTER TAX NZ$12.8 MILLION VERSUS NZ$9.5
MILLION
    * FY REVENUE NZ$208.9 MILLION VERSUS NZ$191.7 MILLION
    * APPROVED A FULLY IMPUTED FINAL DIVIDEND OF 3.0 NZ CPS
    * ANTICIPATE THAT INVENTORY HOLDINGS WILL REMAIN ELEVATED
DURING
FY23
    * FOR FY23, FORECASTING TO DELIVER DOUBLE DIGIT EARNINGS
GROWTH,
STRONGLY WEIGHTED TO H2
    * ON TRACK TO DELIVER 2025 EBITDA TARGET OF NZ$50M


Further company coverage:  CVT.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))