Manx Financial Group plc Announces Consolidated Earnings Results for the Year Ended December 31, 2016
Manx Financial Group PLC announced consolidated earnings results for the year ended December 31, 2016. For the period, the company reported interest income of £19,369,000 against £16,545,000 a year ago. Net interest income of £16,001,000 against £13,543,000 a year ago. Operating income was £8,599,000 against £8,433,000 a year ago. Profit before tax payable was £1,545,000 against £2,309,000 a year ago. Profit for the year was £1,301,000 against £2,102,000 a year ago. Diluted earnings per share were 0.87 pence against 1.29 pence a year ago. Net cash inflow from operating activities was £6,499,000 against net cash outflow from operating activities was £2,184,000 a year ago. Purchase of property, plant and equipments was £93,000 against £493,000 a year ago. Purchase of intangible assets was £50,000 against £21,000 a year ago.