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Ben WoodheadHead of Platform Product

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Cellnet profit down 87pc

Cellnet recorded an 87 per cent slide in net profit to $717,000 on a 25 per cent rise in revenue to $318.8 million in the six months to December 31. The telco product distributor blamed the fall in profits on higher costs associated with a restructure. It ended the period with negative $7.3 million cash, an improvement on last year's negative $12.4 million.

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Ben oversees design and development of newsroom and subscription platforms for The Age, The Sydney Morning Herald and The Australian Financial Review. Previously Ben was Deputy editor – Digital at the AFR.

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    Original URL: https://www.afr.com/technology/fast-facts-20060227-jfunc