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Turover jumps 30% at Tasty

By BFN News | 09:51 AM | Monday 24 September, 2012


Tasty has reported that turnover for the 26 weeks ended 1 July 2012 was £8,868,000 (2011 - £6,841,000), a 30% increase over the corresponding period. The operating profit, before pre-opening costs, share based payments and interest, was £752,000 (2011 - £526,000). Pre-opening costs have been highlighted in the income statement as they are necessarily incurred in the period prior to a new unit being opened and are specific to the opening but are not part of the Group's normal ongoing trading performance. Pre-opening costs were £348,000 (2011 - £67,000), share based payments were £28,000 (2011 - £21,000) and finance expense was £16,000 (2011 - income - £6,000). The statutory profit before tax for the period was £360,000 (2011 - £444,000). At 9:51am: (LON:TAST) share price was 0p at 64p Story provided by StockMarketWire.com

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