Skip to main content

HRC World PLC: INTERIM RESULTS TO 30 SEPTEMBER 2022

Written by Customer Service on . Posted in Public Companies.

HRC WORLD PLC

NASDAQ FIRST NORTH, COPENHAGEN TICKER: HRC
ISIN: GB00BZ3CDY20

17 November 2022

INTERIM RESULTS TO 30 SEPTEMBER 2022

The Board of Directors of HRC World Plc (HRC), a company that provides restaurant management services especially in developing tourist-based and event-based revenues in member restaurants as well as implementation of HRC Music initiatives, is pleased to announce its interim results for the six months ended 30 September 2022, which is appended to this announcement.

For the said financial period, the Group generated net loss of USD 38,017, while cash and cash equivalents stood at USD 1,632,055.

The Company is still working on developing Artificial Intelligent (AI) solutions that can help the restaurants manage their revenue generation activities with extensive use of data analytics. Marketing activities, as well as supply-chain processes are mostly moving onto digital platforms. The Company plans to assist individual restaurants on designing, developing and deploying such AI systems in the future.

As highlighted in earlier announcements, the Covid-19 global pandemic presented significant challenges to all companies and businesses worldwide especially those in the F&B business. Although the F&B industry has been badly affected, the Company continued to adapt to the challenges faced and have managed to provide adequate support to its various F&B business outlets.

THE DIRECTORS OF HRC WORLD PLC ACCEPT RESPONSIBILITY FOR THIS ANNOUNCEMENT

About HRC World Plc
HRC World Plc is an England & Wales incorporated public company with registration number 10829936 and is quoted on Nasdaq First North (Copenhagen). HRC World provides café management services for developing tourist-based and event-based revenues in member restaurants as well as implementation of HRC Music initiatives.

Further information may be found at the Company’s website: www.hrcplc.co.uk

Company contact details HRC World Plc info@hrcplc.co.uk
+603 7786 0500

Certified Adviser Keswick Global AG info@keswickglobal.com
+43 1 740 408045

Attachment

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.