Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors

Iplayco CFO targeting higher profitability in 2016

Iplayco (CVE:IPC) finance chief Max Liszkowski says the firm expects a moderate increase in sales and a significant increase in net earnings in 2016.

The firm’s full year sales in the year to September 2015 were the highest in the company’s history, with total takings at C$17.2mln.

Full year net income declined to C$517,062 from C$1.01mln in fiscal 2014, due to a one-off severance charge of C$581,186 in the quarter just gone.

Looking ahead, the manufacturer of children's indoor play equipment is seeing a stronger sales pipeline ahead, while cost cutting measure will improve profitability.

 
Meet Horizonte Minerals Plc, Tethyan Resources PLC, Green Dragon Gas Ltd. and Zenyatta Ventures at our event, London, 31 May 2017. Register here »
Sarah_55b0a64c2a6b3.jpg
Why Invest In Iplayco Corp Ltd? Read More Here

Register here to be notified of future Iplayco Corp Ltd articles
View full IPC profile View Profile

Iplayco Corp Ltd Timeline

Newswire
February 06 2017
Video
December 12 2016
Newswire
December 09 2016

© Proactive Investors 2017

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use