Pricing boosts soda ash profits
Published: Tuesday, 23 February 2010
Penrice profits rise 5% in fiscal H1 as it forecasts full-year improvement
Price rises in soda ash and sodium bicarbonate contributed to Australias Penrice Soda Holdings Ltd increasing its operating profits by 5% for its fiscal first half.
The Adelaide-based group reported underlying earnings before interest and tax (EBIT) of A$6.81m. ($6.13m.) for the six months ending 31 December...