6PM Holdings plc – Approval of Interim Financial Statements ending June 30, 2010

6PM Holdings plc – Approval of Interim Financial Statements ending June 30, 2010

6pm Holdings plc announced that at the meeting held on the August 25, 2010, the Board of Directors approved the Half-Yearly Financial Statements for the period ended June 30, 2010.

The Group registered loss before tax of GBP 209,729, compared to a loss before tax of GBP 27,373 registered in the first six months of 2009. Revenue declined to GBP 1.77 million, a decrease of 38.5 per cent. The Directors commented that “the precursor to the UK Election and the post Election formation of the new coalition Government had significantly impacted confidence across all sectors in the UK, resulting in a slowdown of both Private and Public sector orders during the first half of 2010; Euro uncertainty created by national debt announcements from several EU countries added to these already poor trading conditions and our performance in the period reflects these circumstances.” Loss per share increased from GBP 0.005 to GBP 0.029.

The directors did not recommend the payment of an interim dividend.

To view the Interim Financial Statements, Click Here.