EMM anticipates half-year profit will rise by more than 250% to at least $650,000.
This is EMM's:
9th consequtive half year of increased revenue
8th consequtive half year of improved performance
3rd consequtive half year of increased profits
Current price 9.9 cents versus April high of $0.14
Sydney - Friday - July 6: (RWE Australian Business News) -
Electrometals Technologies Ltd (ASX code: EMM) today warned that based on internal management accounts to the end of May and work in hand, it expected to achieve a half-year profit of at least $650,000. This represents a rise of more than 150 per cent over the profit of $251,071 achieved in the half-year to June 2006.
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