HML Holdings FY Pretax Profit GBP0.17M Vs Loss GBP1.25M

21st Jun 2010 08:13

LONDON (Dow Jones)--HML Holdings Plc (HMLH.LN), a property management services Group, announced Monday it made a pretax profit of GBP0.17 million for the year ended March 31, compared with a loss of GBP1.25 million. MAIN FACTS: -Revenue: GBP9.03 million (2009: GBP8.65 million) -Operations Profit: GBP0.19 million (2009: GBP1.23 million) -EPS: 0.4 pence (2009: 3.7 pence) -Dividend: n/a -Ancillary group fees grow 26% -Residential units under management up 4% to 27,000 -Fixed management fees have grown by 7% -Cash generated from operations totaled GBP0.6 million (2009: GBP0.6 million) -The company can report a significant improvement in earnings and continued organic growth in units under management. -The company is confident of ongoing improvements. -As a result the Board retains a positive outlook that the breadth and quality of the company's services leaves it well positioned to continue to grow market share and benefit from any further recovery within its markets. -Shares at 0711 GMT stood at 11.50 pence. -By Zechariah Hemans, Dow Jones Newswires; 44-20-7842-9411; [email protected] (END) Dow Jones Newswires June 21, 2010 03:13 ET (07:13 GMT)