29 May 2009

Life Pharmacy in profit

12:26 pm on 29 May 2009

Life Pharmacy has turned the business to profit after making a loss for two consecutive years.

The company made $631,000 in the March year, compared with a loss of $570,000 the previous.

Life Pharmacy says earnings rose 151% to $1 million, driven by a stronger and more focused marketing programme.

Despite the economic downturn, it says both retail and dispensary sales have been strong across all Life Pharmacy stores.