Octagonal Plc subsidiary makes a profit of £585k says CEO John Gunn

Octagonal Plc (AIM: OCT), has told DirectorsTalk that its wholly owned subsidiary Global Investment Strategy UK Ltd (“GIS”), has reported an unaudited net operating profit of £585,000 for the 6 months to 30 September 2015 on revenues of £2,088,000; this represents an increase in turnover of over 32% compared to the corresponding period of 2014.

Aggregate trade volumes exceeded 47,800 for the 6 month period, representing an increase of 34.5% over the corresponding period of 2014. 

Octagonal will publish its interim results for the 6 month period ended 30 September 2015 as soon as practicable.

CEO John Gunn comments; “We have continued to see growth in both revenues and new client generation over this period. We remain focused on growing the business organically through our core activities and diversifying only into new areas that are earnings enhancing.”

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