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WEB $16.68

solid result-sales keep increasing

  1. alecfra

    3,495 Posts.
    this latest report says it all, WEB shares may well rebound now trhat tax year is over.

    WEB : June Quarter Sales
    ASX Report
    9:59:0226 1/07/2002 Issuer: WEB

    HOMEX - Adelaide

    Webjet today announced quarterly gross transaction billings for the
    period ended 30th June 2002 of $4.9 million, in line with market
    forcasts provided on the 3rd June.

    Commenting, Webjet's Managing Director, David Clarke, said "The
    quarter billings of $4.9 million compare with the preceding quarter
    at $4 million, an increase in excess of 23%. Over the last five
    quarters turnover has increased from $1.7 million for the three
    months ended 30th June 2001 to the current quarter at $4.9 million,
    an increase of nearly 300%".

    The following table tracks the quarter-by-quarter gross transactions.

    30.06.01 30.09.01 31.12.01 31.03.02 30.06.02
    Gross Transactions $1.7m $2.3m $3.0m $4.0m $4.9m

    D Clarke

    The Webjet site can be found at http://www.webjet.com.au

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