Tuesday, 3 March 2009


Well looky here - who's is the chairman of a verdant company that is in the black? well done Ruth.

The Jade group of companies has announced its half year operating revenue is up 31 per cent.

The privately owned New Zealand-based information technology company, with offices in New Zealand, Australia, the United States, Canada and the United Kingdom, today said its total revenue increased 21 per cent to $50.8 million, up from $42m in 2007, for the year ended December 31, 2008.

Earnings before interest, tax, depreciation & amortisation increased from $10.3m to $11.1m for the year, up 7.8 per cent.

Cash flow from operations after expenses grew from $7.8m to $10.8m in 2008, up 37 per cent.

The company was well placed to weather a global financial storm with over $50m in revenue and a strong cash position, said chairwoman Ruth Richardson.

Its great to see a NZ company shaking the tree and all with software that helps build economies.

We hope that John Key talks to Ruth.


Matt said...

That would be a very interesting conversation.

Cactus Kate said...
This comment has been removed by the author.
Cactus Kate said...

John: "Ruth, would you like to advise us regarding the current economic crisis"

Ruth: "No John not until you stop being such a Pink Tory and HTFU"

pdm said...

Lets get her in, along with Sir Roger, as a consultant in Bill's office - yesterday.