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ORAD Hi Tec Systems GmbH Takustraße 1-3 50825 Köln, Germany http://www.orad.tv
Contact Mr Ehud Ben-Yair +972 9-767-6862
Company logo of ORAD Hi Tec Systems GmbH
ORAD Hi Tec Systems GmbH

Orad Hi-Tec Systems Ltd: Orad doubles net profit to US-Dollar 2 million by the end of Q3/2010

Revenues increased by 18 percent to US-Dollar 21 million after nine months / US-Dollar 3 million net cash provided by operating activities / Cash and cash equivalents rose to US-Dollar 18.4 million

(PresseBox) (Kfar-Saba, Israel, )
Orad Hi-Tec Systems Ltd. (ISIN IL0010838071; Symbol: OHT), a world leading developer and provider of state-of-the-art, 3D real-time graphic solutions for the broadcasting markets, continued to record profitable growth and increasing order intake in Q3 2010. Net profit came to US-Dollar 2 million after the first nine months in 2010, 97 percent up on US-Dollar 1 million in the previous year. Revenues increased by 18 percent to US-Dollar 21 million as opposed to US-Dollar 17.9 million in the same quarter in the previous year. Net cash provided by operating activities amounted to US-Dollar 3 million and cash and cash equivalents fojm ly OD-Gotxbi 00.9 honfeqv nr squ cnx vr K4/3787.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.