Nordic Business Report-April 12, 2006-Genesis IT AB reports operating profit of SEK0.53m
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The Swedish application services provider Genesis IT AB issued on Wednesday (12 April) its report for 2005, posting an operating profit of SEK0.53m, as compared to SEK1.37m in 2004.
The result was burdened by costs relating to a legal dispute.
The net turnover amounted to SEK12.22m, as compared to SEK14.18m in 2004.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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