Hemingway losses deepen
Thursday 26 August 1993
The pre-tax deficit to 30 June was pounds 581,000 compared with pounds 332,000, which the company said 'resulted principally from a number of non-recurring items of expenditure'.
Payments to the directors totalled pounds 110,000, but both Michael Goldhill, chief executive, and Andrew Browne, finance director, declined to comment.
In June, Leonard Phillips resigned as chairman and Jeffrey Rose stood down as a director.
Hemingway continued with its strategy to broaden its geographical spread of properties away from London office investments. The company has disposed of its principal London property, Dorset House.
Hemingway's proportion of offices has fallen from 90 to 29 per cent, and retail offices rose from 10 to 47 per cent. The rest of the portfolio is industrial buildings.
The interim dividend has been passed, and a final payment for the year is unlikely, the company says.
- 1 Israel-Gaza conflict: 'When Genocide is Permissible' article removed from The Times of Israel website
- 2 Pope Francis issues top 10 tips for happiness
- 3 Disney heiress Abigail disowns her share of family profits in West Bank company
- 4 The secret report that helps Israel hide facts
- 5 Israel's propaganda machine is finally starting to misfire
Lost portraits of the Somme: 100 images of Tommies posing before they went over the top. Now can you help to identify them?
Israel-Gaza conflict: 'When Genocide is Permissible' article removed from The Times of Israel website
Mystery of the Siberian holes at the end of the world 'solved': Scientists offer explanation
Pope Francis issues top 10 tips for happiness
Sabina Altynbekova, the girl branded 'too good looking' for volleyball, says social media obsession with her is a 'bit much'
Land for gas: Merkel and Putin discussed secret deal could end Ukraine crisis
Woman and two children killed by mob in riots over 'blasphemous' Facebook post in Pakistan
Richard Dawkins tweets: 'Date rape is bad, stranger rape is worse'
Putin is 'thuggish, dishonest and reckless', says British ambassador to US
Boozy, ignorant, intolerant, but very polite – Britain as others see us
A new Russian revolution: The cracks are starting to appear in Putin’s Kremlin power bloc
- < Previous
- Next >
iJobs Money & Business
£300 - £350 per day: Orgtel: Financial Analyst, Forecasting, Halifax, Banking,...
£500 per day: Orgtel: Business Architect - Banking - Bristol - £500 per day A...
£200 - £500 per day + competitive: Orgtel: I am currently working on a large p...
£18000 - £23000 per annum + Commission: SThree: Real Staffing are currently lo...