Subscribe


PD breaking news – TWC back in the black for first half

Company posts net profit after tax of $149,000. 

Terry White Chemists Group Investments Limited (TWC GIL) has posted net profit after tax of $149,000 for the first half of the 2015 financial year.

This is up from a loss of $550,000 in the first half of the 2014 financial year.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) was $764,000, up 113% year on year, the company said.

TWC GIL previously indicated EBITDA was expected to be between $0.4m and $0.6m (PD 17 Feb).

Total operating revenue for the half was $22.9m, up 16% year on year.

The company said the “strong results” had been driven by increased revenue streams from ownership of the Terry White Chemists brand, increased efficiencies in the Group’s management function and contributions from various initiatives.

For more, see tomorrow’s Pharmacy Daily.


The above Breaking News Alert was sent to Pharmacy Daily subscribers on 11 Mar 15

Make a comment...



Established in 2007, Pharmacy Daily is Australia's leading pharmacy industry publication, and is sent as a free subscription to people across the industry as a PDF newsletter every weekday.

Register for Pharmacy Daily trial subscription

To sign up for a free subscription, click on the button at right.

Click here to see a sample issue of Pharmacy Daily.

Click here for more information on subscriptions.

Alternatively, you can search our site via the search box on the right hand side of the page, or find other content below.

Recent Pharmacy Daily articles

15 Feb

Travel Specials 15 Feb 18
(brought to you by Cruise Weekly)
- ENJOY the finest cuisine with Oceania Cruises: ...


15 Feb

Dispensary Corner 15 Feb 18 - VALENTINE'S Day supposedly makes the heart grow ...


15 Feb

Drugs and lactation - ASSOCIATE professor of pharmacology in the Faculty ...


15 Feb

Free eLearning - THE Australian College of Pharmacy has announced ...


15 Feb

Kids & heart disease - THE Federal Government has announced the commitment ...


15 Feb

New PSA building - THE Pharmaceutical Society of Australia has purchased ...


15 Feb

‘Baby brain’ is real - GENERAL cognitive functioning and memory were significantly ...


15 Feb

EpiPen shortage - MYLAN has advised the TGA that a ...


15 Feb

Merger boosts TWG result - TERRY White Group's (TWG) merger with Chemmart ...


15 Feb

ACT real-time monitoring - THE ACT Government has committed to implementing ...


14 Feb

FlexEze may help fill the opioid gap - OTC opioid up-scheduling means evidence based options ...


14 Feb

CoQ10 Eye Recovery Concentrate - SUMMER is the season of sun, sweat ...


14 Feb

Keep ‘Em Klean Citrus Brush Cleaner - THE Keep 'Em Klean Brush Cleaner from ...


14 Feb

Dreambaby’s new Herbert the Turtle - INTRODUCING Herbert the Turtle, the latest in ...


14 Feb

Dispensary Corner 14 Feb 18 - HOW would you respond if you woke ...


14 Feb

CSL profit soars - CSL Limited today released its results for ...


14 Feb

Trump drug reforms - US PRESIDENT Donald Trump has released details ...


14 Feb

Pharmacists fined - THREE NSW pharmacy owners have been fined ...


14 Feb

Superbug killer - US SCIENTISTS have discovered a new family ...


14 Feb

Student survey - THE Pharmacy Guild of Australia has launched ...



Show Pharmacy Daily items by month: