Hutchison and Australia last year to a $547 million loss

Days before the foreign reports said Hongkong Hutchison Hutchison Australia ended by the end of 2005, the annual loss reduced to 547 million Australian dollars (about $405 million), the 04 annual loss of $690 million. Last year, the business is mainly driven by 3G network and data services revenue growth. Hutchison Telecom Australia pointed out that this year is expected to upgrade from 2G to 3G service customers will speed up.

Hutchison Telecom Australia, said 005 years net loss narrowed to $547 million 300 thousand, a $690 million 100 thousand a year ago. Hongkong Hutchison Whampoa (0013.HK) background of the company's revenue rose to $915 million 900 thousand in the previous year was $773 million. Tax, depreciation and amortization for the negative earnings of $180 million 100 thousand, while the 2004 EBITDA is negative $410 million 300 thousand. Non dividend. The stock is now down $0.005 to $0.275, and before the results announced a $0.27 Australian dollars.

The second largest contributors to the interest, tax, depreciation and amortization of its profits in 2004, after its pier business, were its capital markets business, which was well ahead of the top third of the infrastructure business. Huang and related businesses may encounter the same fate, which provides investors with a cautious view of the yellow and provide a new reason. Analysts have warned that Huang's gains may be subject to changes in accounting, which means that the company is no longer able to defer the deferred tax credit to its income statement.

And Huang will be released in fiscal year 05 earnings in March 23rd