MIDI p.l.c. Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2016
MIDI p.l.c. reported unaudited consolidated earnings results for the six months ended June 30, 2016. For the period, the company reported revenue was €3,912,207 against €6,632,529 a year ago. Operating profit was €469,154 against €963,869 a year ago. Loss before tax was €1,143,487 against €637,333 a year ago. Loss for the period was €863,318 or 0.0040 cents per share against profit of €3,221,927 or 0.0150 cents per share a year ago. Net cash used in operating activities was €2,993,969 against €4,070,448 a year ago.