PearlStreet confident of strong 2009

PEARLSTREET says the outlook for the 2009 financial year remains positive after posting an underlying net profit after tax of $1.3 million for the first quarter, compared to its 2008 full-year profit of $2.8 million.

The company also recorded revenue of $24.6 million for the quarter and underlying earnings before interest, taxes, depreciation and amortisation of $3.4 million.