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TeleTrader decreases loss, raises revenues slightly
TeleTrader, a stock-listed IT service provider, posted in H1 2010 a loss on ordinary activities of EUR 62,000 (US$ 48,819), which was slightly better than the loss in H1 2009 (EUR 170,000/US$ 215,900).
TeleTrader decreases loss, raises revenues slightly / Picture: © TeleTrader
The consolidated net loss amounted to EUR 75,000 (down from a loss of EUR 183,000 in the previous year), while the revenues rose by 7.7 percent to EUR 3.4 million, the company reported today.
The management added that the sales revenues in the TeleTrader professional workstation segment complied with the planned value for 2010.
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