Hemmings' Northern Trust returns to profit
22nd October 2012
LANCASHIRE tycoon Trevor Hemmings saw his main holding company return to profit last year.Chorley-based Northern Trust Group made a pre-tax profit of £2.6m compared to a loss of £7.1m last time. Revenues dipped 3.7% to £39.5m in the year to March, according to figures filed at Companies House. The profit figure improved because the investments that were written off fell from £15m to £1.5m. However, the accounts still show exceptional items of £5.3m relating to investment activities.......for the full story register now for free or login below...
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