Infinity Group profit up

Wellington-based IT consulting company Infinity Group has reported a 16 per cent rise in operating profit last year to $1.9 million.

That came on operating revenue of $54.8 million, down from $65 million in 2003. The drop reflected the sale of Vista (which sold entertainment venue management software), lower hardware sales and the elimination of loss-making parts of the business, said chief executive Stuart Robb.