WTP 0.00% 91.0¢ watpac limited

half year results, page-4

  1. 1,816 Posts.
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    Result was poor in comparison to forecast for full year.

    9/4/07 Forecast: Revenue 1,148 mil, Profit after tax 40 mil.
    First half actual: Revenue 474 mil, Profit after tax 16 mil.

    Forecast EPS 34c, first half actual 13c.

    Alot of improvement in second half required to acheive forecast.

    Also concerning is that management did not refer to or confirm their earlier forecast.
 
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