(Updates with outlook in 2nd paragraph)
LONDON (Thomson Financial) - IMS Maxims Plc. swung to a full-year loss as
revenues fell after losses made by UK operations all but negated the profits
that came from its European operations.
The company said it will be shifting its focus towards the private
healthcare provider sector, a sector which the company sees as a driver of
revenues in 2009.
For the year to March 31, pretax losses fell to 255,000 pounds from a profit
of 497,000 last year as revenues fell to 4.7 million pounds from 5.0 million.
The company said it foresees some amount of legal costs arising from a big
client, who has failed to pay back debt.
TFN.newsdesk@thomson.com
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