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Technology news for Asia's CFOs and financial decision-makers

Profit stories

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Recession
Use the downturn to set your business up well for the upswing
Last month
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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CX
How business process automation limits the cost of human error in the workplace
Last month
For many businesses, the quality of data is integral to achieving accurate profitable insights and informed decision-making.
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Revenue
Panasonic NZ reveals revenue increases by $22 million
Last month
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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Financial results
Google NZ numbers show strong comprehensive profit increase
August 2022
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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Financial results
Facebook NZ financial report reveals notable revenue increase
August 2022
Revenue from contracts with customers increased by NZD$1,089,292 compared to 2020's figures.
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Report
Westcon NZ posts $19.1 million YOY revenue increase - report
August 2022
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
Toshiba's New Zealand Branch sees profit decline - report
August 2022
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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Revenue
IBM NZ sees significant revenue increase in latest report
August 2022
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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Revenue
Cisco NZ revenue declines by over $18.5 million - report
August 2022
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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Revenue
Datacom announces revenue of $1.45 billion, fall in profit
June 2022
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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Customer Loyalty
How to implement an effective and personalised loyalty program
June 2022
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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Compliance
Profectus Group serves up payment analysis for Barbeques Galore
May 2022
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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Payments
QuickFee launches payments platform, improves profitability
March 2022
QuickFee Limited has announced the completion and launch of its proprietary payments platform, QUBE, and subsequent improvement to operating profitability.
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Loyalty programmes
Five ways businesses can increase profitability from loyalty programs
July 2021
Here are five ways in which businesses can increase the profitability of their rewards programs.
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Profit
HPE NZ posts net profit in FY19 results, improving on prior year's loss
April 2020
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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Data Centre Operators
Huge money being made in U.S. data center real estate
June 2018
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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CX
Chorus posts profit, trims staff - will invest in infrastructure, CX
February 2018
Chorus nets $47m in profit. CEO says company will continue to improve customer experience and invest in infrastructure across NZ.
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Gaming
Opportunities still exist for PC vendors, despite struggling market
May 2016
"With an oversaturated market and falling average selling prices, PC vendors must focus on optimising profitability to sustain growth."
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Finance, Leasing & Rental
CyberArk revenue up across the board, driven by growing demand for security
May 2016
“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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CA Technologies
What are digital disruptors doing to beat out the competition?
October 2015
“Not all businesses are on equal footing - some are forging ahead, some are getting left behind."
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Finance, Leasing & Rental
Allied Telesis NZ posts bonanza profit
August 2015
Allied Telesis New Zealand's profit soared 166% in 2014, with the local branch banking $1.1 million.
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Finance, Leasing & Rental
Qualcomm to cut spending by billions, staff by thousands
July 2015
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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CFO
NZ Rugby full-year profit shrinks by 86% as costs rise
April 2015
New Zealand Rugby's annual profit dropped about 86 percent as the national sports administrator's costs grew faster than its income.