Loqus Holding plc – Announces approval of half-yearly report

February 23, 2017
|In Company Announcements
|By Jesmond Mizzi Financial Advisors

The Company registered a profit before tax of €59,311, compared to €85,255 in 2015. Revenue for the period decreased by €363,850 to €1,716,382 and decline of 17.5% from the same period in 2015. Earnings per share remained unchanged at €0.001. The company indicated that the reason behind the decline in revenue was due to the loss of a UK client. The Company also faces challenges from the decreasing profit margin from the sale hardware sales.

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