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MENAFN - - 11/18/2012 4:21:00 PM

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Market overlooks Colorpak progress

Nov 18, 2012 (Menafn - The Australian - ABIX via COMTEX) --Colorpak's progress with its acquisition has not been reflected in its share price and results. In March 2012, the Melbourne packaging group bought Carter Holt Harvey's folding-carton business for A5 million. Colorpak posted a loss of A3.2 million for 2011-12 because of the cost of the merger and restructuring. However, underlying net profit rose by 8.7 per cent to A7.6 million.

Publication Date: 19 November 2012

COLORPAK LIMITED - ASX CKL
CARTER HOLT HARVEY LIMITED
ASTRAZENECA PHARMACEUTICALS LP


 






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