Pulse Group Makes First Profit

Panel provider and research outsourcing firm Pulse Group has made a profit for the first time, for the year ending May 31 2010.

For the period, Pulse reported a maiden profit of $0.24m, compared with a loss of $1.57m for the prior year period. While turnover fell to $1.75m from $1.83m, gross margins rose 67% from 29% in 2009. No dividend was recommended.

Pulse Group - which has offices in Kuala Lumpur, New York, London, Sydney, New Delhi and Singapore - manages www.planet-pulse.com - an online community of survey respondents throughout Asia-Pacific and the Middle East.

Earlier this year, the company opened a specialist Healthcare and Automotive practice, providing online panels, CATI and full-service offerings across Asia.

'With our Planet Pulse Online Communities and Pulse DNA Project Management Engine proving highly effective, a client base including a number of multinational blue-chips and a defined but aggressive growth strategy, I believe we have a fantastic proposition both for the industry and the investment community,' states Chairman and CEO Bob Chua.

Web site: www.pulse-group.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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