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Blue Power Group sees huge jump in profits

The Blue Power Group, which was listed on the Junior Stock Exchange earlier this year, saw its profit increase by nearly 80% during the three months to October 31.

Profit after tax totaled $8.4 million versus $4.7 million during the corresponding period in 2009.

Revenue increased by $28 million to $180 million.

The Blue Power Group is involved in the manufacture and sale of laundry soaps as well as lumber and hardware supplies.

 



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