CFOtech Asia - Technology news for CFOs & financial decision-makers

Profit stories

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Radiant Logic announces wins, including customer retention rate of 95%+
This month
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enterprise
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profit
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business growth
Radiant Logic has delivered a fourth straight year of profitable growth and an expanding customer base despite economic uncertainty.
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Apple NZ sees net loss of more than $3 million - report
Last month
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apple
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business
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profit
Apple New Zealand has released its latest financial results for the period ended June 2022, seeing an ‘Other’ net loss of over $3.05 million compared to the previous September.
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Use the downturn to set your business up well for the upswing
Mon, 12th Sep 2022
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leadership
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inflation
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profit
Let's face it, an economic downturn is the last thing any business leader wants or needs. But market conditions are different to the last time we've seen something like this.
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How business process automation limits the cost of human error in the workplace
Mon, 12th Sep 2022
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crm
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cx
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martech
For many businesses, the quality of data is integral to achieving accurate profitable insights and informed decision-making.
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Panasonic NZ reveals revenue increases by $22 million
Fri, 9th Sep 2022
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panasonic
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profit
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financial results
Panasonic NZ has released its latest financial report, showing the company's revenue has increased by more than $22 million in the last year.
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Google NZ numbers show strong comprehensive profit increase
Thu, 4th Aug 2022
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seo
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profit
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advertising
The latest financial report from Google New Zealand Limited has revealed an increase in total comprehensive profit of over $NZD 7 million.
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Facebook NZ financial report reveals notable revenue increase
Thu, 4th Aug 2022
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microsoft teams
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metaverse
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profit
Revenue from contracts with customers increased by NZD$1,089,292 compared to 2020's figures.
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Westcon NZ posts $19.1 million YOY revenue increase - report
Tue, 2nd Aug 2022
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profit
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westcon-comstor
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financial results
Westcon NZ has released its latest financial report, showing the company has increased its revenue by $19,119,905 in the last financial year.
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Toshiba's New Zealand Branch sees profit decline - report
Tue, 2nd Aug 2022
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toshiba
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profit
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financial results
Toshiba Australia's New Zealand Branch have released their latest financial reports, showing the company’s total revenue from contracts with customers has grown by $6,926,000 in Australia.
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IBM NZ sees significant revenue increase in latest report
Mon, 1st Aug 2022
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contact centre
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ibm
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profit
IBM NZ has posted revenue of $172,449,000 for the financial year, according to its latest report, a year-over-year increase of over $47.5 million compared to $124,904,000 in 2020.
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Cisco NZ revenue declines by over $18.5 million - report
Mon, 1st Aug 2022
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cisco
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profit
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financial results
Cisco NZ has released its latest financial report, showing the company's total revenue has declined by more than $18.5 million year-over-year.
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Datacom announces revenue of $1.45 billion, fall in profit
Thu, 30th Jun 2022
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datacom
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profit
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financial results
Growing market pressures and border closures saw Datacom place increased focus on talent development initiatives for both existing and future employees.
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How to implement an effective and personalised loyalty program
Wed, 8th Jun 2022
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bi
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big data
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data analytics
There’s no doubt about it – incorporating a robust customer loyalty program in almost any consumer-facing business can pay off.
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Profectus Group serves up payment analysis for Barbeques Galore
Thu, 5th May 2022
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finance, leasing & rental
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compliance
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retail
Profectus Group has recently won a deal with Australian retailer Barbeques Galore that is set to serve up expert analysis of rebates and payments for better business outcomes.
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QuickFee launches payments platform, improves profitability
Tue, 8th Mar 2022
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commerce systems
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payment gateways
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bnpl
QuickFee Limited has announced the completion and launch of its proprietary payments platform, QUBE, and subsequent improvement to operating profitability.
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Five ways businesses can increase profitability from loyalty programs
Mon, 26th Jul 2021
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profit
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loyalty programmes
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ecommerce
Here are five ways in which businesses can increase the profitability of their rewards programs.
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HPE NZ posts net profit in FY19 results, improving on prior year's loss
Wed, 1st Apr 2020
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hp
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profit
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financial results
HPE New Zealand has revealed its financial results for the financial year ending 31 October, seeing a net profit when compared to FY18's net loss.
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Huge money being made in U.S. data center real estate
Thu, 21st Jun 2018
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data centre operators
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profit
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dc
A real estate investment trust has revealed the value of two recent data center sales, with the total sum exceeding $85 million.
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Chorus posts profit, trims staff - will invest in infrastructure, CX
Mon, 26th Feb 2018
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crm
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cx
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broadband
Chorus nets $47m in profit. CEO says company will continue to improve customer experience and invest in infrastructure across NZ.
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Opportunities still exist for PC vendors, despite struggling market
Mon, 23rd May 2016
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gaming
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pc hardware
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iot
"With an oversaturated market and falling average selling prices, PC vendors must focus on optimising profitability to sustain growth."
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CyberArk revenue up across the board, driven by growing demand for security
Fri, 6th May 2016
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finance, leasing & rental
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cybersecurity
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cyberark
“Our top and bottom line outperformance in the first quarter was driven by solid execution and strong demand for privileged account security."
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What are digital disruptors doing to beat out the competition?
Thu, 15th Oct 2015
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devops
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ca technologies
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profit
“Not all businesses are on equal footing - some are forging ahead, some are getting left behind."
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Allied Telesis NZ posts bonanza profit
Tue, 18th Aug 2015
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finance, leasing & rental
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nz
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allied telesys
Allied Telesis New Zealand's profit soared 166% in 2014, with the local branch banking $1.1 million.
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Qualcomm to cut spending by billions, staff by thousands
Thu, 23rd Jul 2015
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finance, leasing & rental
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jobs
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qualcomm
Qualcomm plans to cut approximately $1.4 billion in spending to ‘aggressively right-size cost structure’, cut staff, and split its business into two.
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