OzEmail Ltd, Australia’s biggest internet service provider, has reported third quarter net profits down 58.4% at the equivalent of $313,000 on revenue up 92.0% at $10.8m; nine-month net rose to $6.2m from profits of $699,000 last time, on revenue which increased by 165.6% at $34.5m. Net earnings per share fell 60% to $0.003 in the quarter, up to $0.06 from $0.007 last time, in the nine months. Figures converted at $0.6988 per Australian dollar.
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