Business Services Industry

Another good year ahead.

Australasian Business Intelligence, April, 2002

Apr 30, 2002 (Shares

ABIX via COMTEX) -- HPAL was able to retire much of its debt over 2001. The Australian-based information technology service provider has a good price-to-earnings ratio, promising cashflow and more cash reserves than debt. The net profit after tax in 2001-2002 was $A12.3m, an increase of 28. A decrease in sales to $A148m was recorded, a fall of 1. As well as technology services, the company also provides essential mail services to the corporate sector. Clients for that area include Sydney Water, Westpac Banking Corporation and Telstra Corporation. Part of a feature on technology stocks.

Publication Date: May 2002

HPAL LIMITED - ASX HPX: SYDNEY WATER CORPORATION: WESTPAC BANKING CORPORATION LIMITED

      - ASX...
    
            
        		
        
        
    
    	    
                
                
	
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