BALUX BRANDS PLC.
BALUX BRANDS PLC.: Is pleased to announce the publication of their financial statement for 2012/2013.
BALUX BRANDS PLC. / Key word(s): Final Results/Quarter Results Balux – Brands Plc: is pleased to announce the publication of their financial statement for 2012/2013. London, 27. January 2014: Balux Brands PLC is pleased to announce today the publication of their financial statement for 2012/2013. It has been verified by auditor Gregory Scott, Chicago USA. The growth which occurred in the financial year was positive and all corporate investments including, among others usa4everyone.de, have exhibited an increased turnover. Balux Brands PLC plans to increase their investment in usa4everyone.de. The financial development of usa4everyone.de was, as expected, very solid and hence, a higher investment is reasonable. The financial statement is for the first three months, since the 1st of March 2013 when the business operations started. The financial statement shows a loss of 173.750,- EUR. The financial year ends on the 30th of June. Details about the financial statement are available on the website of Balux Brands PLC. The Balux Brands PLC investment in usa4everyone.de continued to develop well in 2012/2013, and a further success as a start-up company is expected in 2013/2014. Especially in relatively difficult market areas, Balux Brands PLC relies on scalable corporate investments. Michael Meilinger, director of Balux Brands PLC: ‘We achieved our aims in 2012/2013 and, partly, our expectations were exceeded. The initial loss was much less than expected. Balux Brands PLC showed promise, even though the economic environment was challenging. We seek to extend our investment program and to continue to achieve our goalsʺ. Balux Brands PLC is confident in their targeted investments and the management of Balux Brands PLC are predicting continued positive results in the future. In consultation with the GXG Stock Exchange, where Balux Brands is registered, the latest date of publication has been set as the 31st of January, 2014. About Balux Brands PLC: Balux Brands PLC advises companies in all matters regarding business financing. The Balux Brands PLC structures and guides companies that are operated by owners and is committed to participating in economically viable companies. Balux Brands was founded in 2012. Balux Brands PLC operates with a strong network and has been very successful from the beginning. Balux Brands PLC guides other companies with professional advice and support to react to the market challenges and to achieve their goals. With the participation of Balux Brands PLC the economic equity of the company will improve. The operating of the business and the corporate responsibilities remain with the management of the financed company; Balux Brands PLC guides the company through advice and support. End of Corporate News 27.01.2014 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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