Byte Power Group Limited (BPG) is pleased to announce that the Group has achieved strong trading results two months into the new financial year. The company secured sizable orders for the month of July 2012 and, to date, the company has received orders totaling A$1.8M. This upward trend has continued into August 2012 with order pipelines now in place at approximately A$1.2M for the rest of August and September. Based on these orders the company expects growth in revenue with a forecast revenue of A$3M for this first quarter ending September 2012.
This revenue forecast of A$3M represents a significant improvement of A$2.9M in business activities when compared to the same period last year. The performance of the Group is expected to improve by approximately 500% compared to the previous quarter (Apr – Jun 2012), The board believes the results to date afford to provide a degree of confidence that BPG can expect a substantially improved financial performance in the first half of the new financial year.