Sydney - Wednesday - July 8: (RWE Australian Business News) -
AFT Corporation Ltd (ASX:AFT) expects revenues for the half-year ended
June 30 to be in the range of $2.0m to $2.3m with a loss before tax and
interest of around $180,000 which compares with the $240,000 loss
recorded for the first six months of the previous year.
Revenues for the full year ending December 31 2009 are expected
to be $5.0m to $5.5m with an estimated loss before tax and interest of
$300,000 against the $1.12m loss in the previous year.
Directors said the anticipated results were based on a trend of
increasing monthly revenues, an improving sales pipeline and a number of
cost control measures, including reductions of management salaries.
ENDS
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