Engin incurred a net loss of $3.75 million in the December half, compared with a $7.45 million profit a year earlier.
Revenue fell 33 per cent to $3.03 million from $4.54 million.
Cash at bank and security deposits at December 31 2005 was $3.9 million (June 2005 $2.9 million), including the $2.0 million held as a bond to be released on April 1 2006 re the Vodafone settlement, disclosed as "security deposits".
ENG Price at posting:
0.0¢ Sentiment: ST Sell Disclosure: Not Held
