Trio Reports Loss In Interim Results Following Year Of Redundancies

BROKERS

Trio Holdings reports a total $3.975 million loss (after provisions for exceptional items) in its consolidated profit and loss account for the six months ended March 31. This compares with a $3.211 million loss for the same period a year ago (FXW, July 3), and with a $7.181 million loss for the six month period ended September 30.

Exceptional items represent redundancy and other costs of downsizing the continuing businesses. In respect of sold or discontinued businesses, the exceptional items

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