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Date Posted: 13:55:35 02/22/03 Sat
Author: Keycorp Reports Six-Month Profit
Subject: best to do some sort of comparison with KYC six-month profit after taxes of A$1.1 million

Keycorp Reports Six-Month Profit


Australian smart card and payment terminal vendor Keycorp Ltd. has reported a six-month profit after taxes of A$1.1 million (US$660,000), a big turnaround from a loss of A$27.6 million during the corresponding period a year ago. Revenue was A$52.3 million, and CEO Bruce Thompson predicts a similar financial result in the next six-month period. The company says its Smartcard Technologies unit was slightly down from the previous period. Shipments included 1.2 million smart cards for Hong Kong’s new national identity card and 100,000 Multos-based payment cards to AB Bankas Snoras, a bank in Vilnius, Lithuania.

( 2003-02-21 )

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