{"id":80675,"date":"2013-07-09T21:21:23","date_gmt":"2013-07-09T13:21:23","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/c-com-reports-increased-revenue-and-profits-in-second-quarter\/"},"modified":"2013-07-09T21:21:23","modified_gmt":"2013-07-09T13:21:23","slug":"c-com-reports-increased-revenue-and-profits-in-second-quarter","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/c-com-reports-increased-revenue-and-profits-in-second-quarter\/","title":{"rendered":"C-COM Reports Increased Revenue and Profits in Second Quarter"},"content":{"rendered":"<table style=\"width: 150px;\" border=\"0\" cellspacing=\"2\" cellpadding=\"6\" align=\"left\">\n<tbody>\n<tr>\n<td><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"\/Assets\/Image\/kuwait0005.JPG\" width=\"225\" height=\"169\" align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td>\n<i>C-COM&nbsp;Satellite Systems displaying Iraq war rebuilding tools at a trade show.<\/i><br \/>\nImage credit: C-COM\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>C-COM Satellite Systems<\/b> announced financial results for its second quarter ending May 31, 2013. The company reported a net profit of $966,997 or 2.8 cents per share compared with results for the same period last year when there was a net profit of $542,251, or 1.6 cent per share. The working capital of the company increased by 19 percent to $16,975,564 at May 31, 2013 compared to $14,249,889 at May 31, 2012.<\/p>\n<p>&nbsp;&nbsp;&nbsp; Revenues increased by 42 percent when compared with results from the same period last year, when total revenues were $3,367,970. The operating profit increased to $1,377,100, compared with the same period last year when the operating profit was $603,814.<\/p>\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; For the six months ending May 31, 2013 the company is reporting a net profit of $1,874,299 or 5.4 cents per share compared with results for the same period last year when there was a net profit of $825,911, or 2.4 cent per share. Revenues increased by 46 percent for the six months ending May 31, 2013 to $8,725,257 compared with results from the same period last year when total revenues were $5,979,956. The operating profit increased to $2,452,032 for the period ended May 31, 2013 compared with the same period last year when the operating profit was $973,839.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>C-COM&nbsp;Satellite Systems displaying Iraq war rebuilding tools at a trade show. Image credit: C-COM C-COM Satellite Systems announced financial results for its second quarter ending May 31, 2013. The company reported a net profit of $966,997 or 2.8 cents per share compared with results for the same period last year when there was a net [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":80676,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-80675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/80675"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=80675"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/80675\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/80676"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=80675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=80675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=80675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}