Source - Alliance News

Ross Group PLC - supply chain management and distribution company - Reports results for period to December 31, which is now its half-year end date. The company has changed its year-end date to June 30. Figures released on Friday, though encompassing the company’s results for the 12 months to December 31, are referred to as its half-year report. During the period, Ross Group’s pretax loss amounted to £854,000. For the six months to June 30, 2021, its pretax loss amounted to £85,000. For the year ended December 31, 2021, its pretax loss totalled £2.6 million. Like in the prior periods, Ross Group reported no revenue.

‘For the first half of 2023 the board will continue, along with our team of advisors and consultants, to work tirelessly with our specialist supply chain management team in trying to successfully build a business of a specialist supply chain strategy centered around its standard incorporate coding of mining & mineral business in order to try and ensure that the group has a more balanced structure that can allow and enable the exploring other opportunities that may also arise during this uncertain and unique time,’ Ross adds.

Current stock price: 0.99 pence

12-month change: down 42%

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