OEC 2.47% 8.3¢ orbital corporation limited

GM to use OEC technology in 2005, page-2

  1. 6,931 Posts.
    Let me put this into perspective. The 2005 number probably refers to the model year. The model year is always launched early so the model yr 2005 will be launched about September 2004. To launch it then the parts will be being made in early 2004 for assembly. It may impact income and the bottom line for OEC iin fiscal yr 2003-04 but it will definately impact the 2004-05 profit statement. In the meantime this fiscal yr, 2002-03 OEC should turn a profit.

    Regards

    Desmond
 
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