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Kordia beats profit target, slashes debt

UPDATED: Chairwoman on new strategy in Australia, and the privatisation debate as Kordia's telco foray sees it comple with Spark, Vodafone and 2degrees for business customers.
 
Kordia chairwoman Lorraine Witten talks about her company's result on

Mon, 31 Aug 2015

Kordia Group says it made a $9.2 million profit in the year to June, beating its target of $1.9 million — and reversing last year's result when a forecast $1.7 million profit turned into an $8.6 million loss.

Debt reduced nearly 80% to $12.5m from $60.4 million at the beginning of the financial

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Kordia beats profit target, slashes debt
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