ASG touts 40% revenue growth in FY11

IT service company ASG Group expects revenue growth of at least 40 per cent next financial year despite turnover falling 5 per cent in FY10 and today posting a record full year net profit after tax of $12.3 million.

The company reported an underlying pre-tax profit of $21.6 million, a 6 per cent improvement on last year's results, while revenue fell to $120.8 million after deliberately slowing the business development arm of its operations.


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