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Article: Expansion plans face delays.
- Article from:
- Australasian Business Intelligence
- Article date:
- March 9, 2008
CopyrightCOPYRIGHT 2008 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Noelle Waugh
Mar 09, 2008 (The Australian Financial Review - ABIX via COMTEX) -- BlueFreeway, Hyro, Destra, Q Limited and Commquest are among the Australian marketing and media groups that recently posted profit results. BlueFreeway recorded a $A4 million net loss for the December 2007 half, which it attributed to higher-than-anticipated head office costs. Meanwhile, Hyro posted a $A6.6 million loss for calendar 2007. The loss came in spite of a surge in revenue to $A51.9 million. Destra's reported net profit for the December half fell 28 per cent to $A2.2 million, although its revenue increased to $A66.6 million. CommQuest has forecast a $A7.6 million ...