News

Issue No. 40 - April/ /

Textile manufacturer reports 70.9% profit increase

Adelaide-listed, China-based nylon textile yarn manufacturer, Mesbon China Nylon posted a 70.9% increase in net profit after tax of $7.75 million for the period ending 31 December 2007.

Mesbon reported a 66.3% increase in sales revenue to $88.75 million and a 66.8% increase in EBIT, Depreciation and Amortisation to $9.83 million.

“2007 marked a significa...

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