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and up today...it happens this way with DES imhoMaiden Net...

  1. 380 Posts.
    and up today...it happens this way with DES imho

    Maiden Net Profit for September 2004 quarter
    -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=--

    * Net Profit of AUD$0.128M
    * EBITDA Profit of AUD$0.429M
    * Over AUD$1M Cash At Bank

    Destra Corporation Limited (ASX: DES) released today its Appendix 4C
    Commitments Report for the Quarter ending 30 September 2004, showing a
    Net
    Profit of AUD$0.128M; cash at bank position of AUD$1.073 and an EBITDA
    profit of AUD$0.429M.

    The unaudited financial reports for the three months ending September 30
    2004, shows total sales to be AUD$2.26M, and a Net Profit of AUD$0.128M.

    These results do not include the additional earnings generated by the
    acquisition of Techex Communications on 6 October, 2004 by Destra.
    Techex
    generated over AUD$0.7m in profit in the 2004 FY.

    The acquisition of Techex brings additional profitability to the
    organisation which is on target to generate profit for this current
    financial year. Both Destra and Techex were both listed in the 2004 BRW
    Fast 100 with Techex achieving eleventh position.

    Destra is a leading Internet and e-commerce enterprise focused on
    providing consumer entertainment and Internet business solutions
    servicing
    the Internet hosting and digital media markets. OzHosting.com, a wholly
    owned subsidiary of Destra, is Australia’s second largest virtual
    hosting
    service provider.

    DestraMusic.com is Australia’s largest digital music provider
    positioning
    Destra to capitalise on the emerging online games and music market.
    Other
    online interests include MusicPoint.com.au, the sole provider of new
    music
    to radio stations via the Internet.
 
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