i-design H1 pretax loss widens on higher expenses, revenue up 84 pct

Date : 06/23/2008 @ 2:59AM
Source : TFN
Stock : I-Design Group Plc (IDG)
Quote : 28.5  0.0 (0.00%) @ 2:54AM
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i-design H1 pretax loss widens on higher expenses, revenue up 84 pct

        LONDON (Thomson Financial) - i-design Group Plc. reported a wider first-half
pretax loss, but said it is positive about its long-term prospects although the
impact of rescheduling the deployment of its ATM advertising solution for one
customer will affect results short term.
    For the half-year ended March 31, the company said pretax loss was 291,000
pounds, compared with a loss of 172,000 pounds a year earlier, as administrative
expenses increased to 697,000 pounds from 257,000 pounds. 
    Its revenues rose 84 percent to 947,000 pounds.
TFN.newsdesk@thomson.com
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