Ellex Medical Lasers Limited provided earnings guidance for the six months ended December 31, 2013. For the period, the company expects operating profit of about $650,000. This result will be a material increase from the profit before tax of $59,000 reported in the first half of last year.

Revenue for the six months ended December 31, 2013 is expected to be $25.9 million, which will be $3.8 million or 17% higher than the revenue reported in the prior corresponding period. The increase in revenues is primarily attributable to the significant US sales increase following the introduction of Ellex's SLT Laser range into the US market in July 2013.