KEY POINTS:
Carpet maker Cavalier Corporation is reporting a 6 per cent rise in net operating profit after tax to $14.9 million, helped in particular by Australian sales.
Managing director Wayne Chung said yesterday that the falling value of the dollar against its Australian counterpart, if maintained, meant Cavalier was in a position where it would not have to increase prices across the Tasman, its main export market.
- NZPA
