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Final Results

Final Results.

articleAndrada Mining LimitedAugust 6, 20085/company/afritin-mining-ltd/news/final-results-856
Final Results

About this update from Andrada Mining Limited

[{"type":"text","content":"\n \n APPLIED TECHNOLOGY MONITORING PLC \n\n (\"ATM\" OR \"COMPANY) \n\n CHAIRMAN'S STATEMENT \n\n for the period ended \n 31st December 2007 \n\nThere follows the audited consolidated results for the nine month period from\n1st April 2007 to 31st December 2007. These show a loss of £ 302,000 after\ntaxation, on turnover of £ 352,000. Gross margins during the period ran at 53%.\n\nThis report is the result of a change in your Company's financial year end and\nis brought about by the strategic review of the sales and marketing\nperformance, referred to in my last statement. The discussions with an\nestablished, integrated solutions' provider over the last six months have\nconfirmed that opportunities do exist for sales' growth in return for\nabove-average gross margins. The discussions continue with the objective of\nformalising a relationship that will achieve the optimum results for both\nparties; if successful, shareholders and the market will be informed at the\nearliest opportunity.\n\nIn addition to thanking all shareholders for their on-going support I would\nlike to thank the present Directors and the staff for their efforts. I look\nforward to communicating with you again shortly, as soon as a date can be set\nfor the AGM.\n\nMartin Trussler, Chairman\n28th July 2008\n\n\nAPPLIED TECHNOLOGY MONITORING PLC\nCONSOLIDATED PROFIT AND LOSS ACCOUNT\nFOR THE PERIOD ENDED 31 DECEMBER 2007\n\n 1 April 2007 1 April 2006\n to to\n 31 December 31 March\n 2007 2007\n £ £\n\nTurnover 351,607 650,212\n\nCost of sales (165,507) (341,518)\n\nGross profit 186,100 308,694\n\nOther operating charges (472,319) (535,267)\n\nLoss on ordinary activities before interest (286,219) (226,573)\n\nInterest payable (36,215) (39,840)\nInterest receivable 980 60\n\nLoss on ordinary activities before taxation (321,454) (266,353)\nTax on loss on ordinary activities 19,007 19,512\n\nRetained loss on ordinary activities after taxation\nand before minority interest (302,447) (246,841)\n\nMinority interest (equity) - -\n\nRetained loss on ordinary activities after minority interest\nfor the year (302,447) (246,841)\n\nBasic loss per share (2.31) (2.40)\n\nDiluted loss per share (2.25) (2.31)\n\nThere were no recognised gains or losses other than the loss for the financial\nperiod.\n\nThe loss for the period has been calculated on the historical cost basis...

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