COMPANY RESULT: TOREX PLC

Torex Plc, the UK-based software and services company, has reported net profits for the year to December 31 down 56.9 % at 2.1m pounds on revenue that rose 3.5% to 21.7m pounds. At the pre-tax level, profits were down 59% at 2.9m pounds. Earnings per share fell 58% to 6.8 pence.

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