Contact lens firm reveals fiscal data

Contact lens firm reveals fiscal data

By Adrian Galbreth

Financial data relating to a contact lens firm for the fiscal year quarter ending in June has been released.

Unilens Vision revealed that its net sales for the fiscal year that closed on June 30th saw a 0.9 per cent rise, not including income that came from royalties.

This means the figure has gone from $6,665,566 (£4,205,8445) to $6,724,181 (£4,241,971).

Its income before tax was $3,001,179 (£1,893,303), a new record and a rise of 13.8 per cent.

Chief executive officer Michael J Pecora said that the contact lens firm is "very pleased" with the figures, adding that it was an especially good achievement given the recession.

He cited royalties from sales of multifocal lenses by Bausch & Lomb as one reason for the company"s good performance, as well as growth in business for C-VUE contact lenses.

Products from Unilens include soft moulded and gas permeable multifocal contact lenses.

It creates a number of speciality contact lenses such as the C-VUE brand and EMA Multifocal.

by Adrian Galbreth

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