With pre-tax profits for the six months to June up 160% at UKP2.24m (see page five), CCF Group Plc fully lived up to expectations (CI No 747), and chairman Tim Simon says that the highlights are almost too numerous to mention, and that prospects for 1987 look even better than the company’s record 1986: the […]
With pre-tax profits for the six months to June up 160% at UKP2.24m (see page five), CCF Group Plc fully lived up to expectations (CI No 747), and chairman Tim Simon says that the highlights are almost too numerous to mention, and that prospects for 1987 look even better than the company’s record 1986: the UKP55,000 loss in Hong Kong in the first half of last year turned into a UKP55,000 profit this time, CCF Inc in North America is really motoring with profits of UKP399,000 against just UKP88,000 last time, and only the newly-acquired Australian interests have yet to show a profit – all of which should have set the shares dancing, but the City wants blood these days, and CCF’s shares were actually off 13 pence at 427p.
