Terry White Chemists releases annual results

Terry White Chemists (TWC) Group has announced a five per cent increase in total revenue over the past financial year, amounting to $55 million.

Releasing its Annual Report for 2013-2014, TWC Group highlighted a number of key results for the business, including an underlying net profit after tax of $1.6 million, up $0.7 million from the previous year.

The results included:

  • $631k profit on the sale of the Lite Living investment
  • 16% increase in product revenue to $20.8 million
  • 2% increase in EBITDA from continuing operations to $2.62 million