K3 Capital profit falls in H1 as acquisition costs offset jump in revenue | 16 February 2021
16 February 2021 | 09:30am StockMarketWire.com - Professional services company K3 Capital reported a fall in first-half profit as acquisition costs offset a jump in revenue. For the six months ended 30 November 2020, pre-tax profit fell to £3.0 million from £3.3 million, while revenue jumped to £17.8 million from £8.0 million. The company acquired RandD and Quantuma Advisory on 31 July. The dividend was cut to 3.0p a share from 3.7p. Looking ahead, the company said it remains confident that the outlook for the remainder of the financial year, and beyond, was positive and reported a str...
Source: stockmarketwire.com