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Workspace posts half-year profit as clients return to offices

Wed, 17th Nov 2021 07:11

Nov 17 (Reuters) - London-focussed office-space provider
Workspace Group Plc on Thursday reported a small
half-year profit as more people returned to the city thanks to
the rapid pace of COVID-19 vaccinations amid a fall in
coronavirus cases.

The FTSE 250 firm, which serves mostly small and
medium-sized enterprises and entrepreneurs, said pre-tax profit
came in at 3.4 million pounds ($4.57 million) for the six months
ended Sept. 30, compared with a loss of 110.4 million pounds a
year earlier.
($1 = 0.7433 pounds)
(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by
Milla Nissi)

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