LONDON (Thomson Financial) - Specialist lender Impact Holdings UK Plc.
reported a narrower full year pretax loss but warned the uncertain economic
environment may hit its growth and profitability.
For the year to end-March, the company reported a pretax loss of 973,183
pounds from a loss 6.509 million, a year earlier, while revenues increased to
1.6 million pounds from 1.0 million.
During the period, Impact Holdings said operating expenses grew to 1.6
million pounds from 835,803 pounds, a year ago.
The company said it remain focused on the short term niche funding market in
the UK but the availability of funding lines in the present uncertain financial
markets may restrict growth and profitability over the foreseeable future.
TFN.newsdesk@thomson.com
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