Overall we are glad that Refresh Waters managed to grow by 4% and its profit also increased by 4%
Although revenue was down, forward planning in capital equipment has reduced costs and increased margins.
New South Wales operations continue to do well with an increase of 10% in revenue and 1% in profit.
Revenue in Victoria has grown 7% during the year. Continue Reading
Our operations in New South Wales and Victoria achieved record profits and we project these good results continuing into this financial year.
Management saw the mining downturn coming and made up for the decline by launching new products.
Added to the good positive cash flow we currently have, this will put us in a very strong financial position to further grow the company. Continue Reading