Jade Software targets early return to profit as logistics outlook improves

Tue, 13 Sep 2016

By Paul McBeth Sept. 13 (BusinessDesk) - Jade Software expects to return to profitability ahead of its target of late 2017 as customers show renewed vigor in buying the software developer's port management software. The Christchurch-based company's logistics business - which mainly reflects its Master Terminal port management software - lifted revenue 39 percent in the six months ended June 30, and has been the cornerstone of Jade's growth aspirations for several years. Managing director David Lindsay said that unit had seen a turnaround...

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