HRC WORLD PLC
NASDAQ FIRST NORTH, COPENHAGEN
TICKER: HRC
ISIN: GB00BZ3CDY20
30 JUNE 2018
Unaudited Preliminary Consolidated Results for the 15 months ended 31 March 2018
The Board of Directors of HRC World Plc ("HRC" or the "Company" or the "Group"), a company establishing Hard Rock Cafés across China, are pleased to announce that the Company has approved its Unaudited Preliminary Consolidated Results for the fifteen-month period ending 31 March 2018. For the said financial period, the Group achieved revenue of USD 7.4 mil whilst recording a gross margin of 17.3%, resulting in a gross profit of USD 1.3 mil. The Group recorded a net loss of USD 5.3 mil for the period after taking into account general and administrative expenses, depreciation and non-recurring finance costs prior to a group reorganisation that took place in mid-2017.
The Directors are not proposing the payment of a dividend.
The Company expects to publish its audited Report and Accounts on 23 July 2018.
The unaudited annual earnings figures are appended to this release and are also available at the Company's website http://www.hrcplc.co.uk
THE DIRECTORS OF HRC WORLD PLC ACCEPT RESPONSIBILITY FOR THIS ANNOUNCEMENT
About HRC World Plc
HRC World Plc is incorporated in England & Wales as a public limited company with registration number 10829936 and is quoted on Nasdaq First North (Copenhagen). HRC World Plc through its subsidiaries owns franchise rights for establishment of Hard Rock Cafés across China.
Further information may be found at the Company's website: www.hrcplc.co.uk
Company contact details
HRC World Plc
+603 7786 0500
info@hrcplc.co.uk
Certified Adviser
Keswick Global AG
info@keswickglobal.com
+43 1 740 408045
