Waterco Limited announces profit upgrade

Waterco Limited is pleased to advise that the projected Group Net Profit After Tax for the current financial year has been upgraded to $2.4 million. This is an improvement of 20% on the previous guidance of $2.0 million given on 25 November 2015 and 60% on the $1.5 million reported for the last financial year. Group sales were steady, while better inventory and cost control were the main factors f