New Image Reports $1.5 Million Profit

National Business Review:

"Health product maker New Image posted a first half net profit of $1.5 million, reversing the previous year's loss, but warned its previous annual sales forecast may be optimistic.

Turnover for the six months ended December rose 44 percent to $16.4m. Directors said that a previous annual sales forecast of $40m may not be achievable, but turnover should substantially improve on last year's $26m."