TRS Reports Stellar Growth in Revenue

  • May 24, 2020 NZST
  • Team Kalkine
TRS Reports Stellar Growth in Revenue

For the full year ended 31st March 2020, TRS Investments Limited (NZX:TRS) reported an unaudited net profit of $15,000 as compared with a loss of $194,000 for the same period last year. The change is due to the receipt of a non-refundable deposit for an incomplete transaction that did not proceed.

Total revenue stood at $95,000, which included $1,000 interest and $94,000 non-recurring income.

As at 31 March 2020, the net tangible assets were negative $0.00034518 per share compared with negative $0.00049070 per share at 31 March 2019.

 


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