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MBS ends profitable year

26th Jul 2006
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It was a small profit in the wider scheme of things but Microsoft Business Solution (MBS) has ended its first profitable year for fiscal year 2006 ending 30 June.

For the full fiscal year 2006 ending June 30, MBS reported a profit of $24 million on sales of $919 million compared to a loss of $171 million on sales of $784 million last year.

For the fourth quarter, profit was $38 million on sales of $280 million. Revenue for the quarter was up 16 per cent from $242 million last year.

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