Manx Financial Group PLC Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2017
Manx Financial Group PLC announced audited consolidated earnings results for the year ended December 31, 2017. For the period, the company reported interest income of £19,893,000 against £19,369,000 a year ago. Net interest income was £16,637,000 against £16,001,000 a year ago. Operating income was £11,520,000 against £8,599,000 a year ago. Profit before tax payable was £2,748,000 against £1,545,000 a year ago. Profit for the year was £2,508,000 against £1,301,000 a year ago. Diluted earnings per share were 1.77 pence against 0.87 pence a year ago. Net cash inflow from operating activities was £12,910,000 against £6,535,000 a year ago. Purchase of property, plant and equipments were £122,000 against £93,000 a year ago. Purchase of intangible assets was £213,000 against £50,000 a year ago.