Friday, October 9, 2015
Local company Scott Technology has almost doubled its before-tax profit in the last year.
It's reporting an $8.1m surplus for the 12 months to the end of August.
The company's performance picked up in the last six months, with help from favourable exchange rates.
It's also receiving more international interest as a result of an investment offer from a leading global meat processing firm.
JBS Australia is looking to buy half the company.
Scott Technology directors have declared a final dividend of 5.5c per share.