22-02-2012, 04:05 PM
Some good news - NMS has announced a net profit of A$1.278 million for 1H FY 2012 ended December 31, 2011. Apparently, after rationalizing the business, the layer of fixed costs was taken out and enabled the Company to achieve some level of profitability. [See Attached]
NMS share price surged 0.3 cents from A$0.027 to A$0.03 after the news was released.
NMS share price surged 0.3 cents from A$0.027 to A$0.03 after the news was released.
My Value Investing Blog: http://sgmusicwhiz.blogspot.com/