Thursday, May 10, 2012

Sappi Net Profit Up From Loss in 2011

http://www.paperage.com/2012news/05_10_2012sappi_limited_earnings.html
Sappi Limited reported a profit for its second fiscal quarter ending March 2012 of US$58 million compared to a loss of US$74 million in its second quarter 2011. The group achieved a net profit for the period of US$58 million (Q2 2011 US$74 million loss) and EPS of 11 US cents (Q2 2011 loss of 14 US cents) in the second quarter of the 2012 financial year.