Excerpts from the Chairman's Statement:

Shareholders are advised that the Group made a profit before taxation in the first six months under review of $1.02 million. This profit compares with a loss for the first six months in the previous period of $7.04 million, an improvement of $8.06 million.

The profit after taxation from continuing operations was $767,000, which compares to a loss of $5.58 million in the first six months of the previous year. Inclusive of the profit from discontinued operations, the profit of $767,000 compares with a loss of $5 million in the first 6 months of the previous year.

The momentum of improvement in the current financial year will accelerate into the second half and October 2012 has already demonstrated a positive trend...

Related download:
  • MEIK.zw | HY2013 interim results
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