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Coms Share News (COMS)
Share News for Coms (COMS)
| Share Price: 2.175 | Bid: 2.15 | Ask: 2.20 | Change: 0.00 (0.00%) |  | ||||||
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Coms H1 pretax loss widens; says confident of growth in H2
Wed, 17th Sep 2008 08:42
LONDON (Thomson Financial) - Internet telephony company Coms Plc. said its pretax loss for the
For the six months ended July 31, the company posted a pretax loss of 516,000 pounds compared with a loss of 283,000 pounds last year.
However, its revenues were up 134 percent at 1.2 million pounds, the company said.
The company's cost of sales for the period surged to 849,000 pounds compared with 299,000 pounds last year and administrative expenses also shot up to 834,000 pounds compared with 485,000 pounds last year.
TFN.newsdesk@thomson.com
ndi/jlw
COPYRIGHT
Copyright Thomson Financial News Limited 2008. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
LONDON (Thomson Financial) - Internet telephony company Coms Plc. said its pretax loss for the
first half widened despite higher revenues but said it remains very confident of sustained growth through the second half of the year.
For the six months ended July 31, the company posted a pretax loss of 516,000 pounds compared with a loss of 283,000 pounds last year.
However, its revenues were up 134 percent at 1.2 million pounds, the company said.
The company's cost of sales for the period surged to 849,000 pounds compared with 299,000 pounds last year and administrative expenses also shot up to 834,000 pounds compared with 485,000 pounds last year.
TFN.newsdesk@thomson.com
ndi/jlw
COPYRIGHT
Copyright Thomson Financial News Limited 2008. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
Coms H1 pretax loss widens; says confident of growth in H2
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