Profit up

West Perth-based technology incubator/miner Carnegie Corporation Ltd has recorded a profit of almost $2 million for the half-year ended December 31, 2001. Total profit for the six months was $1,953,992 – bolstering the company’s maiden profit of almost $2 million for the 2000/01 financial year.

Total equity for the half-year ended December 31 2001 was $6,904,277, compared to $4,423,299 for the six months to June 30 2001.