Menu
Menu
e-pay Asia (ASX:EPY) more than doubles net in FY10

e-pay Asia (ASX:EPY) more than doubles net in FY10

Electronic payment company e-pay Asia (ASX:EPY) has more than doubled its profit in FY10 despite a decrease in profit.

The company's profit grew 123% to $955,900, or earnings per share of 3.36 cents, even while revenue fell 4.2% to $5 million.

The decline in revenue was attributed to exchange rate losses.

EPY shares have today grown 10% to $0.099.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags financial resultse-pay AsiaASX:EPY

Show Comments