Threesixty posts £192k profit for 2012

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Support services firm Threesixty has reported a pre-tax profit of £191,217 for the year ending 2012, up from a £86,746 loss in 2011.

Full year results submitted to Companies House show Threesixty Support posted an operating profit of £1,073,989 for 2012 which was offset by a loss of £881,755 from the services division. Turnover at the support arm of the firm fell from £1,618,184 in 2011 to £1,608,113 while turnover in services had reached £3,522,737 by the end of 2012, up from £3,404,809. Threesixty managing director Phil Young said the firm's financial performance remains strong and anticipates steady growth in the number of advisory firms going forwards. He said: "This year so far, our revenues continue to inc...

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