Business
Half-year Report for the 6 months ended 30 Sep 17
Half-year Report for the 6 months ended 30 Sep 17.
About this update from Orient Telecoms Plc
[{"type":"text","content":"\n \nRNS Number : 0368A Orient Telecoms PLC 21 December 2017 \n\nORIENT TELECOMS PLC\n \nINTERIM FINANCIAL STATEMENTS\n \nFor the six months ended 30 September 2017\n \n \nDirector's Statement\n \nI have pleasure in presenting the interim financial statements of Orient Telecoms plc (the \"Company\") for the period from 1 April 2017 to 30 September 2017. \n \nDuring the financial period, the Company reported a net loss of £62,141 (£1.24 per share). \n \nOn 25 October, 2017, the Company was successfully admitted to the Official List (by way of a Standard Listing) and to trading on the London Stock Exchange's main market for listed securities.\n \nSince the listing of the company, we have been extensively working on the marketing and sales related activities in the region. A number of potential clients have been engaged and have expressed their interest in the company's products and services. We anticipate in the next month to put together the forecast and the business plan for year 2018.\n \n \nResponsibility Statement\n \nThe Directors are responsible for preparing the Condensed Financial Statements in accordance with the Disclosure and Transparency Rules of the United Kingdom's Financial Conduct Authority ('DTR') and with International Accounting Standard 34 on Interim Financial Reporting (IAS 34). \nThe Directors confirm that, to the best of their knowledge, this condensed consolidated interim report has been prepared in accordance with IAS 34 as adopted by the European Union. The interim report includes a fair review of the information required by DTR 4.2.7 and DTR 4.2.8, namely:\n· an indication of important events that have occurred during the first six months and their impact on the condensed set of financial statements, and a description of the principal risks and uncertainties for the remaining six months of the financial year; and\n· material related-party transactions in the first six months and any material changes in the related-party transactions described in the last annual report.\n \n \n \nMark Pincock\nDirector\n \n21 December 2017\n \n \n \n\n CONDENSED STATEMENT OF COMPRE...