Original article by Kylar Loussikian
The Australian – Page: 21 : 25-Feb-16
Pact Group has posted a 2015-16 interim underlying profit of $A45.9m, which is 10 per cent higher than previously. The packaging group’s revenue increased by eight per cent to about $A688m, and shareholders will receive a half-year dividend of $A0.10 per share. CEO Malcolm Bundey says an efficiency program generated cost savings of $A2.8m during the half-year. Pact shares closed 4.5 per cent higher at $A4.92 on 24 February 2016.
CORPORATES
PACT GROUP HOLDINGS LIMITED – ASX PGH, JALCO PTY LTD, POWER PLASTICS