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JAPAN'S SKY PERFECT POSTS LESS-THAN-EXPECTED LOSSES.
TOKYO, Nov 1 Asia Pulse - Sky Perfect Communications Inc (TSE:4795) has announced a group pretax loss of 4.8 billion yen ($US39.35 million) for the six months ended September 30, an improvement on the 15.8 billion yen loss seen a year earlier and on the 8.1 billion yen loss originally forecast.
The better-than-expected results are attributed to streamlining of customer administration operations, which cut costs by some 500 million yen more than projected, and growing sublicensing revenue from programs acquired by Sky Perfect.
...
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Source: HighBeam Research, JAPAN'S SKY PERFECT POSTS LESS-THAN-EXPECTED LOSSES.