LONDON: Health and community care property partner Ashley House swung into the black in the year to the end of April with a pre-tax profit of £241,000 against a loss of £11,886,000 last time.
Revenues increased by 147% to £20,737,000 (2015: £8,384,000) and the group made a g ross profit of £4,793,000 (2015: gross loss £216,000). The group reports an adjusted PBT (profit before tax, depreciation, impairment and other operating income) of £1,160,000 (2015: adjusted loss before tax of £4,241,000).
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