2Q 2009 Financial Results NERATEL, Singapore
(Thomson Reuters ONE) - Nera Telecommunications LTD, Singapore, 50,1% owned by Eltek ASA,today publish their financial result for the second quarter 2009.NeraTel achieved revenue in the second quarter of SGD 49.3 million,compared to SGD 33.2 million in the corresponding quarter last year.EBIT for the quarter was SGD 3.9 million compared to SGD 4.0 millionin the second quarter 2008. Net profit was 3.3 million compared toSGD 3.1 million in the second quarter 2008.For the first six months revenue was SGD 100.5 million, compared toSGD 72.3 million in 2008. EBIT was SGD 7.5 million compared to SGD7.4 million in 2008.Please note that due to different accounting principles Eltek willreport different figures for NeraTel in its Group results, the maindifference being amortization of intangible assets identified as partof the Purchase Price Allocation (PPA), and different treatment ofcurrency effects.For further information, please contact:CFO Eltek ASA, Pål Skistad, tel: +47 32 20 32 34http://hugin.info/86881/R/1333909/316387.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 11.08.2009 - 12:11 Uhr
Sprache: Deutsch
News-ID 4581
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