Monday, March 31, 2014
Second Chance
Second Chance: 2QFY14 net profit slid 9.9% y/y to $2.7m, despite revenue climbing 3.4% to $10.5m. The increase came from a 62.8% spike in Securities revenue attributable to coupon payments and dividends received. Revenue sources from all other businesses fell. Gross margins slid from 58% to 57%. Interim dividend of 2¢ declared.
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