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ComOps Announces 20% Profit After Tax

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27th August 2010

With the onset of the Global Financial Crisis in late 2008, many companies were adversely affected and were forced to report significant downturns in both revenue and NPAT. ComOps did not start to feel similar effects until October 2009, when a number of expected contracts were deferred and remained that way throughout the first half of 2010. ComOps management confronted the slowdown and took significant steps to reduce overhead and minimise commitments.

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