LONDON (Thomson Financial) - Acertec Plc.'s 70.37 percent owned unit BRC
Asia Ltd. said its adjusted pretax profit for the first quarter rose to $1.38
million compared with $224,000 last year.
The company said it posted sales of $52.35 million in the quarter ended
March 31 compared with $24.72 million last year.
Acertec said its pretax profit included charges for interest expense on
borrowings of $301,000, depreciation of $406,000, share option expense of
$62,000, rental expense - operating lease of $164,000 and provision for onerous
contracts of $500,000.
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