date:Jul 04, 2013
ods Ltd re-stated a non-recurring bad debt level of $411,000 after tax. According to the Company, the debt was a result of the administration of Australian Convenience Foods Pty Ltd. When this debt is excluded, Patties Foods Ltd said it expected NPAT to be $17 million.
Innovation and more automation on way
The Company said an increase in its research and development resources will assist in growing the pipeline of innovative new products and branded savoury initiatives in order to support and