bbp full-year revenues rose 1526%

Babcock & Brown Power Sales Up; Nufarm Net Down

Author: Trupti Mehta
123jump.com
Last Update: 8:56 AM ET September 28 2009


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Babcock & Brown Power full-year revenues rose 1,526% to A$68.3 million and net loss was A$352.8 million. Nufarm Limited full-year revenues rose 7.6% to A$2.68 billion and net profit fell 41.7% to A$79.9 million or 33.5 cents a share.


http://www.123jump.com/australia/earnings-story/Babcock-&-Brown-Power-Sales-Up;-Nufarm-Net-Down/34643/

R]8:00PM Sydney, Australia - Babcock & Brown Power revenue rose 1,526% and net loss was A$352.8 million. Nufarm Limited revenue rose 7.6% and net profit fell 41.7%.

Babcock & Brown Power, an electricity producer said full-year revenues rose 1,526% to A$68.3 million from A$4.2 million a year ago. Net loss for the full-year was A$352.8 million compared to net loss of A$202.8 million a year ago.

Babcock & Brown Power, in the last one year traded as high as A$0.18 September 2008 and as low as A$0.02 in November 2008. Based on the Friday’s closing price of A$0.081 the company has market cap of A$58.83 million.

Nufarm Limited, the agricultural chemical company said full-year revenues rose 7.6% to A$2.68 billion from A$2.49 billion a year ago. Net profit for the full-year fell 41.7% to A$79.9 million or 33.5 cents per diluted share compared to net profit of A$137.9 million or 69.7 cents per share a year ago.

Nufarm Limited, in the last one year traded as high as A$0.18 September 2008 and as low as A$0.02 in November 2008. Based on the Friday’s closing price of A$0.081 the company has market cap of A$58.83 million.