Providence announces 102% increase in profits

Irish exploration company Providence Resources has today announced a 102% increase in net profits, up to €83,000 from €41,000 in 2005.

Providence announces 102% increase in profits
Wed, 27 Sep, 2006 - 10:48

Irish exploration company Providence Resources has today announced a 102% increase in net profits, up to €83,000 from €41,000 in 2005.

Turnover at the company is up 61% to €1.014m, with operating profit up to €52,000, compared to 2005 losses of €15,000.

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