Oracle exports buoyant

ORACLE Corporation has maintained its position as the fifth largest information technology exporter in the country with exports…

ORACLE Corporation has maintained its position as the fifth largest information technology exporter in the country with exports up 33 per cent to £440 million in 1995. Announcing worldwide third quarter results for 1996, the company, which employs 130 people, said sales in the nine months of its fiscal year 1996 are equivalent to the full 12 months of the previous year. Total group revenues increased 41 per cent to $1.02 billion (£649 million) from $722 million a year earlier. Net income (profit) was $146 million, up from $105 million.