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LGSS Law Financial Position


    

    

An Update of LGSS Law Current Trading Position

The company is now midway through its third year of trading and is also in the first year of an ambitious 5 year plan in place to which all three shareholders have approved.

Unaudited Profit in the second year of trading was considerably higher than in the first and the Board has been able to recommend both a dividend to the shareholders and a large increase to the company reserves.

To date the company is trading slightly better than the 5 year plan in terms of both sales and profit and other parts of the plan where growth is due to happen in later years are possibly also coming to fruition in the current year.

In summary, the company is in a healthy position and is anticipating a rosy future although not taking anything for granted in terms of its position nor in the environment in which it operates.

 

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