Penrice Soda profits down

By Mike O'Driscoll
Published: Thursday, 26 August 2010

Penrice Soda looks to soda ash recovery and targets mineral processing contracts

Penrice Soda Holdings Ltd, Australia’s sole producer of soda ash and sodium bicarbonate, has reported an after-tax profit of A$6.3m. ($5.6m.) for the financial year to 30 June 2010 (FY10), down from A$7.1m. ($6.3m.) for FY09.

Sales revenue was A$160.4m. ($142.0m.), down from A$162.3m. ($143.9m.) in 2009.

Although earnings were...

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