Fenster schließen  |  Fenster drucken

da haben wir es nun offiziell:

Wertpapiere: 924895
*vwd Ad hoc-Service: OTI On Track Innovations <IL0009248951> Cor


Ad hoc-announcement edited and sent by DGAP.
The sender is responsible for the contents of this announcement.
------------------------------------------------------------------------------

Correction

In the ad-hoc announcement of OTI On Track Innovations Ltd.
published today all figures in per cent are not correct.
The whole corrected announcement must read as follows:


OTI Shows a Revenue Increase by 220%

Rosh-Pina, Israel, August 28, 2000. OTI (WKN 924 895), a
pioneer in contacless microprocessor-based smart card
technology, announces today its financial results for the first
six months of the year 2000.

An increase in both revenues and gross profit were noted.

The revenues in the first half of this year grew by 220% in
comparison with the same period in 1999, from $ 1.889 million
for the six months ending June 30, 1999 to $ 6.051 million for
the six months ending June 30, 2000.

The gross profit in the first six months grew by 238%, in
comparison with the same period in 1999, from $ 1.058 million
to $ 3.574 million, for the six months ending June 30, 2000.

Research & Development expenses increased by 94%, from $ 0.652
million, for the six months ending June 30, 1999 to $ 1.262
million, for the six months ending June 30, 2000, while
marketing expenses rose by 264% from $ 0.987 million to $3.588
million in the same period. The increased expenses in research
& development and the growing costs of Marketing contributed to
the net loss.

The net loss in the first six months ending June 30, 2000, grew
by 110% in comparison with the same period, from $ 1.358 million
to $ 2.857 million.

For information, visit our website: http://www.oti.co.il
Or contact: Eden Lev, IR&PR manager: Tel: +972-6-6938884
Fax: +972-6-6938887; e-mail: eden@oti.co.il

End of Message
 
aus der Diskussion: OTI bald bei 62 € - Teil XXV
Autor (Datum des Eintrages): ProMaiLer  (28.08.00 16:12:37)
Beitrag: 57 von 547 (ID:1678340)
Alle Angaben ohne Gewähr © wallstreetONLINE