PCW - Pacific Century CyberWorks Limited Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PCW - Pacific Century CyberWorks Limited

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pennywise who started this subject	7/15/2001 1:19:35 AM
From: ms.smartest.person	Read Replies (1) of 2248

Telstra sees similar six months ahead 13 July 2001 14:46 SGT URL: zdnet.com.au Telstra said it expects its profit over the next six months to be roughly in line with the past six months. "We don't have any reason to believe the next six months will be very different from the last six months," Telstra chief executive Ziggy Switkowski said, when asked if Telstra could guarantee 10 percent profits rises in the years ahead. "No more forward looking forecasts, no more guarantees," Switkowski added. Telstra said earlier it expected its profit for the year ended June 30, 2001 to match previously provided forecasts, with revenue growth of 3.4 percent and EBIT (earnings before interest and tax) growth of around 5.5 percent. The telco giant said it has achieved its target of AU$550 million in cost cuts in 2000/01 ended June 30. "That number had been delivered, probably a bit more than that," Switkowski said. Telstra shares were trading down six cents at AU$5.34 at 2:15 pm, Friday.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next