Thursday, May 29, 2014

Global Yellow Pages

Global Yellow Pages: FY14 results turned around to net profit of $5.1m from loss of $124.3m in FY13 mainly due to the absence of the one-off impairment charge, as well as new associate income from Yamada Green and lower operating expenses. Revenue slipped 10% to $27.2m due to a decline in search solutions as well as the effects of the Personal Data Protection Act on the direct sales solutions business, offset partially by Singapore River Tour and Taxi Services business.

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