Webis Holdings Issues Teaser Of Full Year Results

WEBIS HOLDINGS ISSUES TEASER OF FULL YEAR RESULTS

20th November, 2014 at 15:06:44
Source: http://www.azonlinecasinos.com

Pleased with progress of WatchandWager.com product

Webis Holdings has issued a sneak peak into its audited results for Fiscal 2014 ahead of the annual reports' wider release next week.

The company said Group turnover had increased by 4.2% to US$275.85 million and gross profit by 2.1% to US$8.71 million. Basic earnings per share stand at 0.13 cents, up almost 100% in 2013, while total assets had increased by 27.4% to US$13.4 million.

Denham Eke, non-executive chairman of Webis Holdings termed "excellent strategic progress" with reference to the Group's pool wagering and racetrack operation WatchandWager.com, also saying the company's betinternet.com sportsbook operation has remained resilient against strong regulatory headwinds that are impacting the gambling industry as a whole.

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