27th Aug 2013 06:57
LONDON (Alliance News) - Regus PLC (RGU.L) Tuesday reported a 3 percent decrease in profit for the first half, particularly reflecting finance expense, in spite of higher revenue.
Profit attributable to equity shareholders of the parent was 26.2 million pounds or 2.7 pence per share versus 27.1 million pounds or 2.9 pence last year.
Meanwhile, profit before tax stood at 31.1 million pounds versus 32.2 million pounds prior year.
However, revenue climbed to 744.7 million pounds from 608.6 million pounds in the year ago period.
The company said that it continues to display significant positive momentum with both Group revenue and underlying operating profit up 22% for the full year 2013.
Copyright RTT News/dpa-AFX
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