Sun Microsystems (NZ) Ltd’s sales fell 8% from $74.7m to $68.7m in the year to June 30, according to the company’s annual return (1.6Mb pdf), filed with the Companies Office last week.
The New Zealand operation’s gross profit was flat at $22.7m but the fall in sales resulted in the local subsidiary reporting an annual after-tax loss of just under $300,000, compared to the $3.8m net profit it notched up a year earlier.
The 8% fall in New Zealand sales isn’t actually too bad when compared to Sun’s global result: the company’s total annual revenue was down more than 17% year-on-year, from $US13.88b to $11.45b
Sun is in the process of being acquired by Oracle.
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