Xelector accounts show reduction in losses

Xelector, one of the Enba group of companies founded by entrepreneur Gerhard Huber, cut its pre-tax loss to €500,000 last year, as turnover rose marginally to €1.25 million.

4th December, 2004

Xelector, one of the Enba group of companies founded by entrepreneur Gerhard Huber, cut its pre-tax loss to €500,000 last year, as turnover rose marginally to €1.25 million.

The online marketplace company had an accumulated loss of almost €38.8 million at the end of the year, according to accounts just filed at the Companies Registration Office in Dublin. It had made a pre-tax loss of almost €3.4million on turnover of €1.1 million in 2002.

The...

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