Loqus Holding plc – Announces approval of annual financial statements

Loqus Holdings plc has announced that the Board of Directors has approved the financial statements for the year ended June 30, 2015 and resolved that they submitted for the approval of the shareholders of the forthcoming Annual General Meeting. The Company registered a profit before tax of EUR 56k, compared to a loss of EUR 247k registered in 2015. Revenue for the period under review amounted to EUR 4.2m, a rise of 19 per cent from 2014. Earnings per share increased to EUR 0c2.

The improved performance by Loqus Holdings plc is a reult of the re-organisation of the different departments into standalone units. This will allow the Group to sell/merge the units in an efficient and transparent manner to provide cash inflows and enhance growth in key areas.

To view the official company announcement, click here.