epay malaysia is losing money, page-4

Rubbish !

This report is 20 months old, euronet are a very profitable company and their main income is derived from "prepaid processing".
What you are suggesting is e-pay makes money everywere else but Malaysia !
Prepaid processing turned over $290 million in 2004 alone.
Revenues have jumped from $381 million in 2004 to $462 million in 2005 (last quarter was $132 million which would equate to $528 million for a 12 month period)

---------------------------------
http://www.euronetworldwide.com/downloads/financials/2004/Euronet_2004_10-K.pdf

Euronet recorded $0.3 million and $0.5 million in equity in income from unconsolidated subsidiaries during 2004 and 2003,respectively, primarily as a result of our 40% share of net income in e-pay Malaysia. The equity loss of $0.2 million during 2002 resulted from the Company’s share of losses of CashNet Egypt.