GlobalCapital plc – Approval of Financial Statements for the year ended 31st December 2015

Global Capital plc its annual financial results for the period ended December 31, 2015. 

The Group reports a profit before tax of €5.6m, compared to €811k, reported in 2014 Annual Report and Financial Statements. Commission and fees receivables fell by 5.7 per cent to €2.7m. Earnings per share stood at €0.312 cents.

Meanwhile, the company reported a loss before tax of €1.6m, compared to a the loss before tax of €1.7m recorded in the previous year. 

Due to the lack of distributable reserves at the end of the reporting period, the Board of Directors has  resolved not to recommend the payment of a dividend for 2015.

To view the official Company Announcement, click here.