HRC WORLD PLC
NASDAQ FIRST NORTH, COPENHAGEN
TICKER: HRC
ISIN: GB00BZ3CDY20
29 JUNE 2019
Unaudited Preliminary Consolidated Results for year ended 31 March 2019
The Board of Directors of HRC World Plc (the “Company”), are pleased to announce that the Company has approved its Unaudited Preliminary Consolidated Results for the financial year ended 31 March 2019.
For the said financial period, the Group made a loss from continuing operations for the year of $443,000 (2018: loss of $387,000) and a profit from discontinued operations of $13,770,000 (2018: loss of $6,172,000).
The Group recorded a gain on the disposal of $15,028,000 due to the contractual entitlement to receive disposal proceeds of $20,000,000. At the reporting date and at the date of approval of these financial statements that receivable had not been collected, although the directors consider the amounts owing to be recoverable in full.
The Directors are not proposing the payment of a dividend.
The Company expects to publish its audited Report and Accounts on or before 31 July 2019.
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 an England & Wales incorporated public company with registration number 10829936 and is quoted on Nasdaq First North (Copenhagen). HRC World provides café management services for developing tourist-based and event-based revenues in member restaurants as well as implementation of HRC Music initiatives.
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
Attachment
