Gale Pacific Limited Provides Earnings Guidance for the First Half, Second Half and Full Year of Fiscal 2015
January 28, 2015 at 06:56 am IST
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Gale Pacific Limited provided earnings guidance for the first half, second half and full year of fiscal 2015. For the first half, the company expects underlying first half net profit after tax (NPAT) to be approximately $1.1 million, compared with $3.5 million for the previous corresponding period.
For the second half, the company expects profit to be significantly greater than the profit for the second half of fiscal 2014.
For the fiscal year 2015, the company expects underlying net profit after tax now to be between $6.5 million and $7.5 million, compared with fiscal 2014 net profit after tax of $8.2 million.
Gale Pacific Limited is engaged in manufacturing technical fabrics used for consumer and commercial applications. The Company's operating segments include Americas (AMR), Australia / New Zealand (ANZ), and Developing Markets (DEV). The Company offers retail and commercial products through its brands, such as Coolaroo, ZONE Interiors, GALE GUARD and GALE Pacific commercial. Its retail product lines, which are marketed under the Coolaroo brand include items, such as shade fabrics, shade sails, outdoor blinds, synthetic turf, screening, umbrellas, gazebos, outdoor blind range, exterior window furnishings, weedmat and mulchmat. Its Zone Interiors brand is used for marketing indoor blinds. Its GALE GURAD brand provides reusable face mask with antimicrobial treated fabric. Its GALE Pacific commercial brand provides knitted, coated, and advanced polymer fabrics for agricultural, architectural, industrial, horticultural and mining applications.
GALE PACIFIC LIMITED 
