looks promissing

they have made profit during recession period when everyone closing down their business due debt but thet still able to make profit........Good share for future

from the announcemnent,

The net profit after tax from ordinary activities of the Group for FY09 was $2.1 million, down 80% from the net
profit after tax from ordinary activities of the Group of the previous year (FY08: $10.3 million). Earnings per share
for FY09 were 1.38 cents (basic and diluted) (FY08: 7.17 cents (basic) and 7.14 cents (diluted)). The net assets of
the Group as at 30 June 2009 were $79.6 million (30 June 2008: $68.4 million).
Although Swick experienced a drop in net profit for FY09, a number of non-recurring factors combined to
contribute $2.3 million to this fall, including establishment costs of the North American expansion program
($1.0 million), business restructuring costs ($0.4 million) and expensing of employee options and performance rights
($0.7 million).