Hazel Renewable Energy VCT1 Plc Reports Audited Earnings Results for the Year Ended September 30, 2017
Hazel Renewable Energy VCT1 Plc reported audited earnings results for the year ended September 30, 2017. For the year, the company reported income of £492,000 compared to £1,784,000 a year ago. Gain on investment was £1,038,000 compared to £376,000 a year ago. Profit on ordinary activities before tax was £703,000 compared to £1,240,000 a year ago. Profit for the year and total comprehensive income was £703,000 compared to £1,240,000 a year ago. Basic and diluted earnings per share were 3.0 pence compared to 5.1 pence a year ago. Net cash outflow from operating activities was £448,000 compared to net cash inflow from operating activities of £784,000 a year ago.