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Ross Grp. Share News (RGP)
Share News for Ross Grp. (RGP)
| Share Price: 0.625 | Bid: 0.50 | Ask: 0.75 | Change: 0.00 (0.00%) |  | ||||||
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Ross Group FY pretax loss narrows, recovers 230,000 stg from debtor
Mon, 30th Apr 2007 17:52
LONDON (Thomson Financial) - Ross Group PLC said its full year pretax loss narrowed in the yea
The group also said it has managed to recover 230,000 stg from a debtor connected to a legal action brought by the Liquidator of VSI Automation (Technology) Limited against various parties.
The directors reported last year that they expected to recover between 150,000 and 500,000 stg and 230,000 stg has now been legally agreed as the net settlement to be received this month.
For the year to Dec 31 2006, the company's pretax loss was 914,000 stg, compared to 1.5 mln stg a year earler as revenues grew to 1.15 mln stg from 586,000 stg.
Ross said that it expects its engineering division to turn profitable by the end of this year.
TFN.newsdesk@thomson.com
ukn/slm
COPYRIGHT
Copyright AFX News Limited 2007. All rights reserved.
The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
LONDON (Thomson Financial) - Ross Group PLC said its full year pretax loss narrowed in the yea
r to Dec 31 2006 while revenue increased due to increased activity in engineering and consumer electronics division.
The group also said it has managed to recover 230,000 stg from a debtor connected to a legal action brought by the Liquidator of VSI Automation (Technology) Limited against various parties.
The directors reported last year that they expected to recover between 150,000 and 500,000 stg and 230,000 stg has now been legally agreed as the net settlement to be received this month.
For the year to Dec 31 2006, the company's pretax loss was 914,000 stg, compared to 1.5 mln stg a year earler as revenues grew to 1.15 mln stg from 586,000 stg.
Ross said that it expects its engineering division to turn profitable by the end of this year.
TFN.newsdesk@thomson.com
ukn/slm
COPYRIGHT
Copyright AFX News Limited 2007. All rights reserved.
The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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Ross Group FY pretax loss widens; researching new activities to increase profits
LONDON (Thomson Financial) - Ross Group Plc. said its pretax loss widened to 1.08 million pounds in the year to Dec. 31, 2007 from a loss of 915[29 Apr '08]
Ross Group says Gel Engineering unit placed into administration
LONDON (Thomson Financial) - Ross Group Plc. said its wholly-owned trading subsidiary, GEL Engineering Ltd., was placed into administration on W[24 Apr '08]
Ross Group H1 pretax loss narrows; sees profitable H2
LONDON (Thomson Financial) - Ross Group PLC reported a narrower first-half pretax loss on higher revenues, and said the second half will be prof[28 Sep '07]
Ross Group FY pretax loss narrows, recovers 230,000 stg from debtor
LONDON (Thomson Financial) - Ross Group PLC said its full year pretax loss narrowed in the year to Dec 31 2006 while revenue increased due to in[30 Apr '07]
Ross Group H1 loss widens; sees improvement in 2007
LONDON (AFX) - Ross Group PLC reported widening losses for the first half but said it is hopeful of a much improved result in 2007. Operatin[25 Sep '06]
Ross Group says Grande Holdings sells 29.4 pct stake
LONDON (AFX) - Ross Group PLC said The Grande Holdings Ltd has sold 40 mln shares, or 29.4 pct of capital and now holds 56,404,634 shares, or 41[11 Jul '06]
Ross Group unit gets repeat US order
LONDON (AFX) - Ross Group PLC said its GEL Engineering Ltd unit won an order from CAE USA Inc for a training simulator which is a repeat of an o[5 Jul '06]
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