Region. Profit rise in first half 2011

The Queensland-based Retail Food Group, which has its NSW office in Granville, said at its AGM in December that the first half net profit after tax in 2011 would be around 10-15 per cent higher than the $12.5 million in the first half of fiscal 2010. The company owns and franchises including Donut King, Michel’s Patisserie and Brumby’s Bakeries, many of which operate in Western Sydney.