Business & Finance

Amphion Innovations offers trading update

Published in Healthcare Finance, Tax and Law Weekly, February 14th, 2007

Amphion Innovations plc, a developer of companies in life sciences and technology, announces a trading update for the year ended December 31, 2006, ahead of its preliminary results announcement expected mid-March, and the signing of a heads of agreement.

Results for the period are expected to show a 33% increase in net asset value per share to approximately $0.34 at 31 December 2006 (2005: $0.25). Net asset value per share in sterling is expected to grow by about 16% over the last year to 17.5p from about 15p, despite the 14% adverse move in the dollar/pound exchange rate.

The company expects revenues of approximately $1.2 million, net profit of...

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Source: Healthcare Finance, Tax and Law Weekly (2007-02-14)

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