AUSTRALIA: Ginger profits herald sweet success
The recently elected board of Queensland-based Buderim Ginger is confident that the ginger-processing and marketing firm will continue to improve its operating performance over the course of 2002, after it reported net profits of A$1.28m (US$664,000) for 2001. The figure represents a move of the company, the world's largest producer of confectionery ginger, back into the black after it booked a net loss of A$1.6m for FY 2000. Revenue for FY 2001 was up 8.4% to A$30.64m.
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