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MAID Losses Declining

MAID Losses Declining

Third quarter results for electronic information provider MAID have shown that pre-tax losses have declined from £3.386 million last year to £2.374 million this year. Turnover also increased from £3.788m to £5.178m, up 64% on the same period last year.

Annual renewals stand at 85% and Michael Mander, chairman of MAID, said that new business services would be launched early next year. He also stated his hope that there would be a significantly improved performance in the last quarter of this year.

MAID: 0171 930 6900

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