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Technology / AI and automation

COMPANY RESULTS

SCI Systems Inc saw net profit for the year to June 30 down 20.3% at $21.2m, including a loss of $8.8m from discontinued operations of which $4.5m was paid for their disposal, against a loss last time of $4.1m from said operations, on turnover up 10.8% to $1,852.5m. Net per share fell 29.0% to $0.76 in the year. Comparisons are made against figures restated to reflect discontinued operations.StrataCom Inc has reported third quarter net up 175.6% at $5.3m on turnover up 115.7% at $41.0m; net profit for the year so far was up 104.2% at $11.1m on turnover that rose 72.3% to $93.2m. Net earnings per share rose 150% to $0.30 in the quarter, and by 97.0% to $0.65 in the nine months.

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CBR Staff Writer

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