API has reported half year net
profit of $18.3m for the period
ending 29 February, following the
settlement of a Queensland flood
insurance claim.
The period was a productive one
for the company, with results
showing that its retail sales grew by
$10.8m (or 3.2%) to $349.6m, with
comparable store growth of 2.8%
“despite intense competition and
difficult market conditions”.
In addition API reported that its
Priceline network expanded by five
stores since the prior financial year,
to a total of 332.
The company also said that it
expects to continue the trend of
...
The above snippet is the first part of an article sent to subscribers in Pharmacy Daily's issue from 19 Apr 12
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