| SMS revenues grow but belt tightens |
Listed IT services business SMS Management & Technology has turned in a decent set of numbers for its first half of the current financial year with revenues up 16.1 per cent to $169.5 million. But with net profits flat at $15.2 million the company has signalled some belt-tightening ahead as it seeks to strip $2 million of costs out of the business.
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| SMS views from readers |
Banks increasing interest rates & late pymt charges for credit cards defaulters. Dis will result in an increased burden on cardholders and create more bankrupts in the country. Govt, pls help!
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