Atlantic growing amid rebuilding

Atlantic Hardware & Plumbing Company Ltd (AHPC) expects to deliver double-digit growth this year as post-Hurricane Melissa rebuilding demand and a new agro-distribution business combine to push the Junior Market-listed company to record levels. AHPC generated revenue of $776.4 million in the April-to-June quarter, up 92 per cent from $404.8 million a year earlier, while net profit surged 140 per cent to $42 million from $17.5 million. For the six months to June, sales climbed 69 per cent to $1.46 billion and net profit jumped 243 per cent to $116.3 million.