Business
Interim Result
Interim Result.
About this update from Worldsec Limited
[{"type":"text","content":"\n RNS Number : 0383Y Worldsec Ld 26 August 2009 \n Worldsec Limited\n\nInterim Report for the six months ended 30 June 2009\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 2009.\n\nFor the six months ended 30 June 2009, the Group incurred a net loss of US$105,000. This is comparable with the net loss of US$111,000 for the corresponding period in the previous year. At the end of 30 June 2009, Group shareholders' funds stood at US$1.60 million as compared to US$1.70 million at the end of December 2008.\n\nThe Board continues to explore opportunities in the financial services and other new suitable business. Shareholders will be informed as soon as the Board has evaluated a suitable business proposition.\n\n By order of the Board\n\n Alastair GUNN-FORBES\n Non-Executive Chairman\n\n 26 August2009\n\nCONSOLIDATED INCOME STATEMENT\nFOR THE PERIOD ENDED 30 JUNE 2009 \n\n\n\n\n\n\n\n\n\n\n\n\nUnaudited\n\n\n\n\n\nAudited\n\n\n\n\n\n\n\n\n\n\nSix months ended\n\n\n\n\n\nYear ended\n\n\n\n\n\n\n\nNotes\n\n\n30.6.2009\n\n\n\n\n\n30.6.2008\n\n\n\n\n\n31.12.2008\n\n\n\n\n\n\n\n\n\n\n\nUS$'000\n\n\n\n\n\nUS$'000\n\n\n\n\n\nUS$'000\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nInterest income\n\n\n5\n\n\n-\n\n\n\n\n\n3\n\n\n\n\n\n3\n\n\n\n\nStaff costs\n\n\n\n\n\n(17)\n\n\n\n\n\n(20)\n\n\n\n\n\n(34)\n\n\n\n\nOther expenses\n\n\n\n\n\n(88)\n\n\n\n\n\n(94)\n\n\n\n\n\n(227)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLoss before tax\n\n\n\n\n\n(105)\n\n\n\n\n\n(111)\n\n\n\n\n\n(258)\n\n\n\n\nIncome tax expense\n\n\n6\n\n\n-\n\n\n\n\n\n-\n\n\n\n\n\n-\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLoss for the period/year\n\n\n\n\n\n(105)\n\n\n\n\n\n(111)\n\n\n\n\n\n(258)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLoss per share - basic and diluted\n\n\n7\n\n\n(1) cent\n\n\n\n\n\n(1) cent\n\n\n\n\n\n(2) cents\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n CONSOLIDATED STATEMENT OF RECOGNISED INCOME AND...