Woosh narrows annual loss as accounts tagged by auditor

Wed, 11 Mar 2015

By Suze Metherell March 11 (BusinessDesk) - Woosh Wireless's financial statements have been tagged by its auditor as the internet service provider narrowed its annual loss by clamping down on costs to offset falling sales. The Auckland-based company narrowed its loss to $1.32 million in the year ended Aug. 31, from an earlier loss of $2.59 million it said in its financial statements lodged with the Companies Office. Sales fell 22 percent to $12.55 million while total expenses decreased 21 percent to $13.77 million. Craig Wireless Syst...

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