Business
Interim Report
Interim Report.
About this update from Worldsec Limited
[{"type":"text","content":"\n \nRNS Number : 8681M Worldsec Ld 23 August 2011 \n \n\n \nWorldsec Limited\n \nInterim Report for the six months ended 30 June 2011\n \n \n \n \nThe Directors submit the interim report on Worldsec Limited (the \"Company\") and its subsidiaries (collectively known as the \"Group\") for the six months ended 30 June 2011.\n \nFor the six months ended 30 June 2011, the Group incurred a net loss of US$140,000. This is comparable with the net loss of US$106,000 for the corresponding period in the previous year. At the end of 30 June 2011, Groupshareholders' funds stood at US$1.08 million as compared to US$1.22 million at the end of December 2010.\n \nSince late of last year, the Board continues to explore opportunities in the financial services and other new suitable business, and in the meantime we have engaged a financial adviser and legal adviser in the U.K. to advise us on the reactivation of the Company. Shareholders will be informed as soon as the Board has evaluated a suitable business proposition.\n \n \n \n \n \n \n \n \n \nBy order of the Board\n \n \nAlastair GUNN-FORBES\nNon-Executive Chairman\n \n23 August 2011\n \n \n\n\nCONSOLIDATED STATEMENT OFCOMPREHENSIVE INCOME\nFOR THE PERIOD ENDED 30 JUNE 2011 \n \n \n\n\n\n\n\n\n\n\n\n\nUnaudited\n\n\n\n\n\nAudited\...