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Foam sweet foam, as Joyce Corp posts rise

Cathy Bolt

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Diversified industrial group Joyce Corp Ltd predicts it will continue its strong earnings growth after posting a 15 per cent lift in its operating profit on Friday.

The net earnings of Australia's biggest foam manufacturer slipped by $1 million to $3 million because of a $1.2 million abnormal gain a year ago, but its pre-tax profit jumped to a record $4.8 million.

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    Original URL: https://www.afr.com/politics/foam-sweet-foam-as-joyce-corp-posts-rise-19980815-k89jt