Hills Industries Group profit soars 43.3%

By David Olsen · 4 August 2010 · Cashflow

Hills Industries Sees Massive Profit Surge

A major Australian manufacturer has just revealed a staggering 43.3% increase in net profit. But what's behind this dramatic turnaround, and what does it mean for the industry?

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Summary

Hills Industries, best known for manufacturing the Australian icon the Hills Hoist has announced a net profit of $40.2 million for the year ended June 30 up 43.3 percent.

Tags: Graham Twartz, Hills Industries, Jennifer Hill-Ling, Manufacturing