Earnings lifted across all its major markets in the latest year following recent restructuring. Profit in Asia advanced 6.9 per cent to $36 million as sales rose 2.1 per cent to $324.3 million. In its Americas business, profit surged 40 percent to $31.8 million as sales gained 5.5 per cent to $181.9 million. The latest earnings include a total of $400,000 of one-time gains, including $7.3 million in costs related to the takeover. Nuplex shares last traded at $5.33, and have gained 12 per cent this year.

Source: New Zealand Herald August 17, 2016 00:00 UTC