27 Feb 2012

Water cooler firm reports profit rise

10:38 am on 27 February 2012

Just Water International has reported a sharp increase in half year profits.

The listed water cooler company made $654,000 in the six months to the end of December, compared with $82,000 in the same period a year earlier.

Revenue fell almost 5% to $15 million.

The results include five months of trading from the corporate plant hire company, Creative Images Hire, which Just Water purchased in August last year.