Orpak Systems: encouraging results
Revenue for the 9 months was US$43.7m (2008: $52.4m) but net profit was up 46% to US$6.2m (2008: $4.2m) and fully diluted earnings per share US$0.19 (2008: $0.13).
The groups cost cutting plan appears to have delivered!
During the period they finalised the equipment of 570 BP stations in Turkey with automation and fuel payment systems based on vehicle identification, and began to deliver the first batch of 40,000 vehicle identification units out of…
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