LONDON (Thomson Financial) - Abraxus Investments PLC swung to a first-half
pretax loss as it did not benefit from a one-time gain of 108,198 stg recorded
in the in year-ago period.
For the period to end-September, the company posted a pretax loss of 14,933
stg compared with a pretax profit of 44,144 stg earlier on nil turnover.
Operating loss was 53,241 stg compared with an operating loss of 64,054 stg
a year earlier.
The company said it has made 'significant progress' in identifying
investment opportunities within Eastern Europe.
tf.TFN-Europe_newsdesk@thomson.com
jjo/pmi/lam
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