Information  X 
Enter a valid email address

Judicium Plc (JUD)

  Print   

Wednesday 24 December, 2008

Judicium Plc

Interim Results


FOR IMMEDIATE RELEASE 24 December 2008

                                 JUDICIUM PLC                                  

     UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2008      

Judicium plc is pleased to announce its interim, unaudited, results for the six
months ended 30 September 2008.

The principal activity of the Judicium plc group during the period, conducted
through its wholly owned subsidiary Judicium Consulting Ltd, was the provision
of regulatory consultancy and training services to private and public sector
organisations in the areas of employment law, health and safety, data
protection and trademarks.

Despite difficult trading circumstances the Directors are pleased to report a
profit on ordinary activities before taxation, in the six months to 30
September 2007, of £92,287 against a figure of £107,649 for the entirety of the
previous 12 months.

The directors anticipate that trading conditions will continue to deteriorate
in the second half of the current year and all through next year. This is
likely to be reflected in a reduction of new sales and a deterioration of
credit among the client base. The company will also incur exeptional one-off
expenses when it moves premises in the first quarter of the next calender year.

While these factors will severly reduce second half profitability, the
directors remain of the view that given first half performance, a robust
business model and tight credit control, profits in the current financial year
will be significantly higher than for the same period last year.

The board is not recommending the payment of a dividend in respect of the six
months ended 30 September 2008.

                        CONSOLIDATED PROFIT & LOSS                         
                                                                           
                                               Six months     Six months  
                                                  ended          ended    
                                                                           
                                                30-Sep-08      30-Sep-07   
                                                                           
                                                Unaudited      Unaudited   
                                                                           
Turnover                                       722,088.54      613,545.00  
                                                                           
Cost of Sales                                  -130,195.34    -115,043.00  
                                                                           
Gross Profit                                   591,893.20      498,502.00  
                                                                           
Administrative Expenses                        -502,816.25    -498,184.00  
                                                                           
OPERATING PROFIT / (LOSS)                       89,076.95        318.00    
                                                                           
Investment Income                               3,210.54         850.00    
                                                                           
                                                92,287.49       1,168.00   
                                                                           
Interest Payable                                                   -       
                                                                           
PROFIT / (LOSS) ON ORDINARY                                                
                                                                           
ACTIVITIES BEFORE TAXATION                      92,287.49       1,168.00   
                                                                           
Taxation                                            -              -       
                                                                           
PROFIT / (LOSS) ON ORDINARY                                                
                                                                           
ACTIVITIES AFTER TAXATION                       92,287.49       1,168.00   
                                                                           
Earnings / (Loss) per Share                       4.67p           .06p     
                                                                           

PROFIT/(LOSS) PER SHARE

Earnings per share for the group is based on a profit for the period of

GBP92,287.49 and 1,957,967 shares in issue.

Contact: Leon de Costa, Chief Executive Officer on 020 7336 8403

Roland Cornish, Beaumont Cornish Limited on 020 7628 3396


                                                                             

a d v e r t i s e m e n t