30 Nov 2011

Ecoya loss improved

8:03 am on 30 November 2011

Candle, fragrance and body care company Ecoya has reported a loss of $687,000 in the six months to September, an improvement of 74% on the same period a year earlier.

Revenue more than doubled to $10.4 million, with half of that generated in Australia.

The company reported pre-tax earnings of $236 million - its first break-even result.

In October, the company said earnings were being helped by the addition of its recently acquired Trilogy skincare range, and strong growth in Australia.

Shares in Ecoya were unchanged at $1 each yesterday.