TCS Group hails a resilient performance

Leeds-headquartered property investment, development, hotel and car parking company, Town Centre Securities, (TCS) today hailed a ‘resilient and stable’ performance in challenging economic conditions.

In the six months to 31 December, the group reported statutory profit before tax of £2.8m compared to a loss of £9.7m last time. TCS revealed a 0.8% drop in the value of its portfolio on the back of weak sentiment in the office market.

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