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Hawley Group 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”), Hawley Group Limited ("Hawley", the "Company" or “Group”; Ticker: HGL.BH), announces unaudited interim results for the 6 months ended 30 September 2016. The full filing stated:

 

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

 

British Virgin Islands, December 30, 2016 – Hawley Group Limited (Bermuda  – HGL.BH) (the “Company”)

 

The Company reports a net profit of £2,000 for the six months ended 30 September 2016 (10 months to 30 March 2016 – loss £79,000). 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:

 

Hawley Group Limited

 

Belize (for enquiries)                                   +501 227 7178

 

Background Information

 

Hawley Group Limited (the “Company”) is a strategic investment company incorporated in The British Virgin Islands (1875677) on 27th May, 2015. Its primary objective is to invest in either one or more quoted or unquoted businesses. The Company has identified Business Services, Business Process Outsourcing, Healthcare Support Services and Workplace and Support Services as sectors in which it may in due course seek to invest.

 

 

 

 

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

 

The Company is domiciled in The British Virgin Islands and its registered office is: Craigmuir Chambers, Road Town, Tortola, British Virgin Islands.

 

 

 

Hawley Group Limited

   

Summarised income statement (unaudited)

6 months ended

10 months ended

 

September 30, 2016

March 31, 2016

 

?000

?000

Operating loss (administrative expenses)

 (6)

 (89)

Financial income

 8

 10

Loss before taxation

 2

 (79)

Taxation

 -

 -

Net loss for the period

 2

 (79)

Earnings per ordinary share

 -

-

     

 

 

 

 

 

 

Hawley Group Limited

   

Summarised balance sheet (unaudited)

30 September

31 March

 

2016

2016

 

?000

?000

Current assets

   

Cash and cash equivalents

3,528

3,525

Other receivables

8

10

Total assets

3,537

3,535

Current liabilities

   

Other payables

(4)

(4)

Net assets

3,533

3,531

     

Shareholders’ equity

   

Share capital

466

466

Share premium

3,144

3,144

Retained earnings

(77)

(79)

Total shareholders’ equity

3,533

3,531