Tullett & Tokyo Forex Publishes Healthy Annual Operating Results
BROKERS
LONDON--Tullett & Tokyo Forex International has doubled its annual profits on ordinary activities (before taxation), for the second consecutive year, showing gains of £22.1 million in 1997, according to its recently released annual report. The money broker also improved turnover during the year, to £251.72 million versus £241.06 million the previous year.
Profits were the highest reported since 1993, reflecting the shop's ability to stay afloat despite the impact of electronic broking services on
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