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最新订阅内容:英语爱好者摘要:We beat our profit forecast for the quarter, so we've got to be pleased.
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 We beat our profit forecast for the quarter, so we've got to be pleased. 
 I agreed, although there are some areas of concern.
 Yes, but we always thought it would be a tough quarter. $ 2 million profit on $59 million of revenue is a good performance.
 That's true.
 We're all delighted that profits went up.
 But revenues fell for the second quarter in a row that is what worries me.
 But we always predicted that, which was why we reduced costs by as much as we did.
 Yes, I see that operating costs fell from $53 million in Q3 to $46 in Q4.
 We made the mist of saving by switching to cheaper suppliers.
 So what accounted for the rest of the costs?
 One off charges, either relating to redundancy payments or strategic acquisitions.
 And what about the profit breakdown by geographic region?
 Asia made $1.5 million profit: the Americas mad $ 1 million in profit; and we lost $500,000 in Europe.
 Europe is still dragging us back then.
 Yes, but we still improved on a loss of $ 700,000 in Q3.
 And what about our European revenues?
 They remained flat.
 Well if we can keep costs low we might manage to break even in Europe in the next quarter.
 Probably.
 We expect to see profitability in Europe in the next three to six months.
 Is there any more scope for cost cutting next years?
 We expect to make some saving on shipping cost, but nothing major.
 That's fair enough, it's not as if we need to do anything drastic.
 

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