By NZPA
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Friday 14th June 2002 |
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That's down sharply on the $233,000 loss recorded a year earlier.
The company, which listed on the Stock Exchange's New Capital Market in November, said earnings before interest, taxation, depreciation and amortisation (ebitda) for the period was $495,000.
In December Caci Group forecast a full year ebitda of $755,000.
Caci managing director David Smith said a number of short-term factors had influenced the lower-than-expected ebitda result.
These included the signing of two large contracts for the sale of laser equipment after balance date and delays fitting out and commencing trading for the Christchurch Clinic, which had been bought back under company ownership.
There had also been additional compliance costs relating to the company's move onto the NCM board.
Looking ahead, Mr Smith said the company was trading strongly.
Caci continued to enjoy the benefits of the rapid growth in the personal appearance market with an overall increase in sales of 25 percent over last year.
Mr Smith said that the company was budgeting for a similar increase in the current financial year, in line with the trend of the last four years.
Caci Group operates Caci Clinics in Auckland, Wellington, Christchurch and Dunedin and has a further 13 franchises around the country.
It is also a distributor of skincare products, dermal fillers and laser equipment.
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