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Sealegs ekes out full-year profit, raising prices as volume of boats sold slips

Sealegs Corp, which makes amphibious boats, posted a return to full-year profit after raising prices while sales of its vessels slipped. Profit was $204,000 in the 12 months ended March 31, from a loss of $1.86 million a year earlier, the Auckland-based company said in a statement. Sales rose about 19 percent to $16.4 million. The company sold 104 boats …

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Day 5: Searching for Venice

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Day 4: LA Bound

By Brierley Penn Boarding the bus to Andrew’s Air Base at 7am this morning was a notably jaded delegation. After three days of networking, conferencing, 6am starts and a little bit of sightseeing, the group was understandably looking forward to the relative luxury of a five hour sleep on the plane trip to LA. However, in Washington D.C. a trip …

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