12.05.2011 • News • New Zealand • Bilanz

Nuplex Says Expects Flat Profit

New Zealand-based resins and chemicals maker Nuplex Industries said on Thursday it expected to report a flat profit for the current year, with higher raw material prices and soft demand in some markets.

Nuplex said its net profit for the June 2011 year would be between NZ$62 million and NZ$65 million ($48.8 million to $51.4 million), compared with NZ$64.2 million in the year to June 2010. The company also said earnings before interest, tax, depreciation and amortization (EBITDA) would be between NZ$125 million and NZ$239 million, lower than previously forecast on restructuring of some of its operations.

Innovation Pitch

The Start-up Platform for Chemistry & Life Sciences
Discover Tomorrow’s Innovators

The Start-up Platform for Chemistry & Life Sciences

CHEManager Innovation Pitch supports innovation in the chemistry and life sciences start-up scene. The platform allows founders, young entrepreneurs, and start-ups to present their companies to the industry.

Whitepaper

Excellence in Pharmaceutical Distribution and The Critical Role of Good Distribution Practice (GDP)
Setting the Standard

Excellence in Pharmaceutical Distribution and The Critical Role of Good Distribution Practice (GDP)

Are you ready to elevate your pharmaceutical operations? Download our exclusive whitepaper and discover how compliance with Good Distribution Practice (GDP) is essential for the safety and integrity of pharmaceuticals.

Top-Feature