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SunMoon Food Group achieves first profit of $6.4m in last 6 years

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SunMoon Food Company has achieved a profit after tax of $6.4 million for FY09 (1st January 2009 till 31st December 2009), translating to basic earnings per share of 0.082 cents or 0.076 cents on a fully diluted basis.

Significantly improved gross margins, lower operational expenses and disposal gains contributed to this strong result, which is an improvement from the $49.8 million loss for FY08 (18 months – 1st July 2007 to 31st December 2008).

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