Menu
Menu
Structural (ASX:SMN) narrows FY10 loss 37% to $822k

Structural (ASX:SMN) narrows FY10 loss 37% to $822k

Structural integrity testing solution provider Structural Monitoring Systems (ASX:SMN) has revealed it expects to have narrowed its FY10 losses 37% despite a 43% decline in revenue.

Unaudited results indicate a net loss of $822,000, on revenue of $187,000 Structural said.

Depreciation charges and marketing and R&D expenses fell significantly, compensating for the revenue decline.

SMN shares are today trading unchanged at $0.008.

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 resultsStructural Monitoring SystemsASX:SMN

Show Comments
Computerworld
ARN
Techworld
CMO