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Normandy Limited announces unaudited interim results for the 6 months ended 30 September 2016

Hamilton, Bermuda – December 30, 2016 - In a filing with the Bermuda Stock Exchange (“BSX”), Normandy Limited ("Normandy", the "Company”; Ticker: NORL.BH), announces unaudited interim results for the 6 months ended 30 September 2016. The full filing stated:

 

Normandy Limited announces unaudited interim results for the 6 months ended 30 September 2016

 

Bermuda, December 30, 2016 – Normandy Limited (Bermuda – NORL.BH) (the “Company”)

 

The Company reports a net loss of $10,000 for the six months ended 30 September 2016 (9 months ended 30 March 2016 – loss $86,000). Basic and diluted earnings per ordinary share for the six months ended 30 September 2016 amounted to 0 pence (2016 – 0 pence).

For further information contact:

 

Normandy Limited

 

Belize (for enquiries)                                   +501 227 7178

 

Background Information

 

Normandy Limited (the “Company”) is a strategic investment company incorporated in Bermuda (50626) on 21st September, 2015. Its primary objectives are to establish itself in the services sector business; to grow through a combination of acquisitions and organic growth and to maximize shareholder value and returns.

 

The Company’s issued share capital is traded on the Bermuda Stock Exchange (Ticker symbol NORL.BH).

 

 

 

The Company is domiciled in Bermuda and its registered office is: Canon’s Court, 22 Victoria Street, Hamilton HM12, Bermuda.

 

Normandy Limited

   

Summarised income statement (unaudited)

6 months ended

9 months ended

 

September 30, 2016

March 31, 2016

 

?000

?000

Operating loss (administrative expenses)

 (10)

 (86)

Financial income

 -

 -

Loss before taxation

 (10)

 (86)

Taxation

 -

 -

Net loss for the period

 (10)

 (86)

Earnings per ordinary share

 -

-

     

Normandy Limited

   

Summarised balance sheet (unaudited)

30 September

31 March

 

2016

2016

 

?000

?000

Current assets

   

Cash and cash equivalents

3,347

3,354

Other receivables

3

7

Total assets

3,350

3,361

Current liabilities

   

Other payables

(4)

(4)

Net assets

3,346

3,357

     

Shareholders’ equity

   

Share capital

492

492

Share premium

2,951

2,951

Retained earnings

(97)

(86)

Total shareholders’ equity

3,346

3,357