Blackmores returns to growth with first quarter profit of $15.4 million
Net sales* for the period of $134 million, up 9% compared to prior corresponding period Net profit after tax of $15.4 million, up 28% compared to prior corresponding period Demand continues to grow from Chinese consumers, direct China sales up 28% Investing in growth initiatives and on track for full year profit growth
I believe, that today the SP will head north, hopefully closing about $140-$142.
I'm a LT holder, DYOR & Good Luck !
BKL Price at posting:
$137.70 Sentiment: Buy Disclosure: Held