Sydney - Wednesday - February 8: (RWE Aust Business News) - E-pay
Asia Ltd (ASX:EPY) has reported operating revenue of $383 million for
2005 against $199m in 2004.
"The board is very pleased with e-pay's trading performance for
the period under review as it has exceeded our initial forecasts,"
managing director Simon Loh said.
"The triple digit annual growth rate achieved reflects the
strength of our business model and the significant growth potential in
our key Asian markets.
"We remain focused on increasing market share in our current
markets and are confident to achieve similar growth rates in 2006 and
exceed $600 million in revenue."
E-pay Asia (formerly SkyNetGlobal Ltd) has changed its reporting
year to the calendar year as of 2006 and the interim report for the
December half will be released in March and will not reflect the revenue
in this announcement as the acquisition of e-pay was completed only in
late December 2005.
Its shares were up 4c to 21c.
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