Menu
Fujitsu NZ reports gains in 2019

Fujitsu NZ reports gains in 2019

Recovery from a 2017 loss continues

Fujitsu NZ lifted both sales and profits in 2019.

Fujitsu NZ lifted both sales and profits in 2019.

Credit: None

Fujitsu NZ increased both sales and profits slightly in 2019, according to financial statements released overnight.

Operating revenue for the IT services and technologies provider increased to $174.6 million from $172.1 million in the year to 31 March. Expenses also increased, from $168.5 million to $170.3 million.

Operating profit for the year was $4.2 million, up from $3.6 million, while net profit after tax was $3.8 million up from $2.7 million.

A note in the accounts said the company continues to grow through strong local delivery leveraging the strength of a global market leader.

Expenses for contractors and employees fell from $79.8 million in 2018 to $73.4 million while cost of goods and other expenses increased.

The company's financial performance has been improving since 2017, when it reported a net loss of $603,000.

Major known clients include Customs, for which Fujitsu has supplied infrastructure support services, and SkyCity, for which Fujitsu provided ICY sustainability bench-marking and visibility.




Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags ICT servicesFujitsu NZ

Featured

Slideshows

Reseller News Platinum Club celebrates leading partners in 2019

Reseller News Platinum Club celebrates leading partners in 2019

The leading players of the New Zealand channel came together to celebrate a year of achievement at the annual Reseller News Platinum Club lunch in Auckland. Following the Reseller News Innovation Awards, Platinum Club provides a platform to showcase the top performing partners and start-ups of the past 12 months.

Reseller News Platinum Club celebrates leading partners in 2019
Reseller News hosts alumnae breakfast for Women in ICT Awards

Reseller News hosts alumnae breakfast for Women in ICT Awards

Reseller News hosted its second annual alumnae breakfast for the Women in ICT Awards in New Zealand, designed to showcase the leading female leaders in the industry. Held at The Cordis in Auckland, attendees came together to hear inspiring keynotes and panel discussions, alongside high-level networking among peers. Photos by Gino Demeer.

Reseller News hosts alumnae breakfast for Women in ICT Awards
Reseller News Innovation Awards 2019: meet the winners

Reseller News Innovation Awards 2019: meet the winners

Reseller News honoured the standout players of the New Zealand channel in front of more than 480 technology leaders in Auckland on 23 October, recognising the achievements of top partners, emerging entrants and innovative start-ups.

Reseller News Innovation Awards 2019: meet the winners
Show Comments