Tuesday, April 12, 2011

Kiotech sales and profits soar

Kiotech International unveils a significant increase in sales and profits for the year to the end of December. The firm which supplies natural high performance feed additives to enhance growth, health and sustainability in agriculture and aquaculture said it had also largely completed the integration of the Optivite Group and its results are included for the full year.

Kiotech's underlying profit before tax and exceptional items rose by 146 percent to UK£1.9million (US$3.096million) while earnings per share increased 58 percent to 7.27p. Sales rose to £21.6m (US$35.195million)  up from £11.0million (US$17.923million)  and the proposed final dividend of 2.0p per share is 74 percent up on 2009. Read more ...

This blog is written by Martin Little The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers


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