Tricorn Group plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2016; Provides Earnings Guidance for the Full Year of 2016
December 07, 2016 at 02:00 am EST
Tricorn Group plc reported unaudited consolidated earnings results for the six months ended September 30, 2016. For the period, the company reported, revenue of £8,900,000, operating profit of negative £66,000, profit before tax of negative £249,000, loss for the year and total comprehensive expense attributable to equity holders of the parent company of £249,000, net cash generated by operating activities of £202,000, purchase of plant and equipment of £307,000, compared to revenue of £10,096,000, operating profit of £98,000, profit before tax of negative £47,000, loss for the year and total comprehensive expense attributable to equity holders of the parent company of £47,000, net cash generated by operating activities of £370,000, purchase of plant and equipment of £297,000, for the same period a year ago. Diluted loss per share was 0.74 pence against 0.14 pence a year ago.
The company anticipates that its 2016 full year results will be in line with market expectations.