← News Fri Apr 15, 2016 - 3:18 pm - 0 comments

AMG Packaging hopes toilet paper will boost earnings

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AMG packaging indicated this week in its six-month results that, despite some teething pains, it expected to tie down distribution for its toilet paper soon and begin production.

The new product line is expected to buttress earnings for the manufacturer of boxes which in the second quarter saw profit after tax improve by 61 per cent to $48.98 million compared to $30.38 million for the similar period in 2015.

Revenue for AMG climbed to $304.9 million compared to $301 million for the similar period in 2015.

Published in the Observer
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