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MBL Group H1 Loss Narrows

MBL Group Plc (MUBL.L) Friday reported a half-year pre-tax loss of 1.0 million pounds, compared to 0.7 million pounds in the comparable quarter last year.

Group pre-tax loss attributable to the shareholders of the company narrowed to 1.1 million or 6.4 pence per share from 7.2 million pounds or 43.9 pence per share last year.

Loss from continuing operations totaled 1.1 million pounds or 6.2 pence, up from 0.82 million pounds or 4.7 pence last year.

Revenues dropped 8.8 percent to 7.3 million pounds from 8.0 million pounds last year.

by RTTNews Staff Writer

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