TIDMTST-AGCY 
 
 

TESTtest Testing, Inc. Results for the Year Ended 31 December 1776

 
 

The directors of TESTtest Testing, Inc. announce the company's preliminary unaudited results for the year ended 31 December 1776. These have been released in conjunction with the circular sent to shareholders as at the same date of this announcement and the further announcement setting out the Company's intention to withdraws its securities from the FOX Exchange and pursue preparations to return capital to shareholders by way of a solvent liquidation.

 
 

The Directors of the Company take responsibility for this statement.

 
 

TESTtest Testing, Inc. Unaudited Group Statement Of Comprehensive Income

 

For The Year Ended 31 December 1776

 
 
 
                            1776         1775 
                             $            $ 
 
 Revenue                     2,764,596    3,555,755 
Cost of sales               (1,343,856)  (2,148,269) 
 
 Gross profit                1,425,245    1,847,535 
 
 Distribution costs          (76,572)     (148,466) 
Administrative expenses     (655,271)    (1,747,879) 
Other operating income      -            1,114 
 
 Operating profit/(loss)     644,897      (95,282) 
 
 Investment income           94           4,598 
 
 

Profit/(loss) for the financial year is all attributable to the owners of the parent company

 
 

Total comprehensive income for the year is all attributable to the owners of the parent company

 
    CONTACT: 

Technical Staff

 
    SOURCE: 
Copyright Business Wire 2023 
 

(END) Dow Jones Newswires

June 24, 2023 03:23 ET (07:23 GMT)

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