Select Software?s year-end profits were hit by acquisition charges for LBMS? Systems Engineer modelling tool, although turnover remained strong. For the year ending 30 December 1996, the modelling tools supplier generated sales of $14.3 million, a 150 per cent increase on the same period last year. Net losses were $1.74 million, after a one-off charge of $2.1 million, down from last year?s loss of $3 million.
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