Norwest. ResMed profit up 33 per cent

ResMed, sleep disorder company founded in Sydney but now based in the USA – its Asia Pacific office is based at Norwest Business Park – has reported sales and profitability for the June quarter were at record highs. Revenue was$A3000 million, up 7 per cent on the same quarter last year, while profit was $A54 million, an increase of 53 per cent.