O'Connor-based insulation manufacturer Cool or Cosy Ltd has written $1.1 million off its goodwill value, following the relocation of its Grants Airconditioning facility to the workship of fellow subsidiary Natural Fibre Pty Ltd.
O'Connor-based insulation and air-conditioning company Cool or Cosy Ltd has announced a 77.6 per cent drop in half year net profits to $68,000, with the company partially attributing the fall to unseasonably cool weather patterns.
O'Connor-based insulation manufacturer Cool or Cosy Ltd announced plans to sell its transportable business subsidiary, Blue Ridge WA Pty Ltd, its former owner and current chief executive Alan Mackenzie.
O'Connor-based insulation company Cool or Cosy Ltd has posted a net profit of $153,489 for the year ended June 30 2006, a 91 per cent drop from $1.7 million in the previous period, after diversifying into the airconditioning business.