RichKid
PlanYourTrade > TradeYourPlan
- Joined
- 18 June 2004
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Re: ERG anyone???
Not looking good atm:
Not looking good atm:
ERG Revenue Forecast To Drop
June 27, 2005 - Sydney Morning Herald
Smart card group ERG says it expects its second half year performance to be worse than the first half of the 2004/05 financial year, with full year profit forecast in the range of $215 million to $230 million.
Revenue for the first half was $116.5 million and for the previous financial year was $263.8 million.
ERG said it was reviewing the costs of all major projects.
One of its major projects is the Sydney smart card system which ERG said remained on track for a full rollout in the first half of 2007.
ERG has developed an integrated transport fare management and software system, which has been installed in Hong Kong, Melbourne, Rome, San Francisco and Singapore.