Part of the announcement indicates divestment of the Systems Integration Business quote Whilst this business contributes strongly to Powerlan revenues (about half of the first half FY02 revenues), its bottom line contribution is minimal in the context of Powerlan’s overall earnings performance. The rapid commoditization and continuous reduction in margins of this business dictates that now i s the best time to divest it, We are currently working on a number of opportunities in this regard. unquote
Can only hope this is the right decision.
PWR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
