KIO Interims13 Aug 2009 09:41
Revenue GPB3,467,706 (2008: GBP2,688,387)
-Diluted EPS 0.09 pence (2008: 0.06 pence)
-Profit before interest and tax up 59.5% to GBP277,725 (2008: GBP174,139).
-Sales up 29% to GBP3,467,706 (2008: GBP2,688,387).
-Cash balance of GBP1,779,726 at June 30 (2008: GBP1,390,513).
-Strong sales growth in Chile, Finland, Mexico and Vietnam.
-New gut acidifier pHorce growing rapidly and already contributing over 4% of total sales.
-China wholly owned subsidiary set-up and agricultural product registration commenced.
-Appointed Head of Thailand-based Aquaculture to drive commercialisation of Aquatice.
-Aquatice customer trials commenced with Pingsha Tilapia farming base in Zhuhai, China.
-Strong start to second half continuing sales growth of first half.
-Remains focused on generating sales from new territories.
-Particularly focused on Brazil and China, where company currently has no presence.