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Article: Losses outweigh gains in final rush to report.(Financial report)
- Article from:
- Australasian Business Intelligence
- Article date:
- August 31, 2009
CopyrightCOPYRIGHT 2009 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: Paul Smith
Aug 31, 2009 (The Australian Financial Review - ABIX via COMTEX) -- Losses were reported by 26 of the Australian-listed IT groups that released their financial results on 31 August 2009. The biggest losses were made by Powerlan and Freshtel, at $A11.8m and $A10.2m respectively. However, 10 listed IT groups reported profits, including Keycorp with $A9.3m and Runge with $A7.9m.
Publication Date: 1 September 2009
POWERLAN ...