Cubic Corp.'s sales soar, but net income falls in FY '05
Defense business pushed Cubic Corp.'s sales up 11.3 percent in fiscal 2005, but contracts to install several automatic mass transit revenue collection systems drove net income down 68.5 percent, the company said Dec. 14. FY '05 sales grew to $804.3 million from $722 million the year before, but net...
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