FFI Provides Profit Guidance for 1HFY20

  • Jan 26, 2020 AEDT
  • Team Kalkine

 

 

F.F.I. Holdings Ltd (ASX: FFI) has provided profit guidance for the half year ended 31st December 2019. The company expects to report an increase in net profit after tax of approximately 15% compared with the previous corresponding half year, based on unaudited draft financial reports and other management information.

The improvement in profit indicated the stable business growth that has been accomplished in the company’s chocolate, cake toppings and bakers’ fillings manufacturing divisions.

The stock of FFI closed the day’s trading at $4.720 per share on 24 January 2020, no change from its previous closing price.

 

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