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Kiotech profit boost

This article was originally published in The Public Ledger

KIOTECH, a supplier of natural feed additives used in the aquaculture and agriculture industries, saw pre-tax profit of £480,000 ($703,358) in 2008, up from £460,000 in 2007, helped by currency movements and strong demand because of EU directives promoting tighter animal rearing standards that offset high input costs.With net cash of £1.8m, analysts said the company was well placed for growth.


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