Arden Partners moves into pre-tax profit

Stockbroker Arden Partners reported a pre-tax profit compared to a loss a year earlier despite challenging market conditions.

Stockbroker Arden Partners reported a pre-tax profit compared to a loss a year earlier despite challenging market conditions.

Profit before tax came in at £0.6m for the year ended 31 October 2011 from a loss of £0.5m a year earlier. Revenue fell to £12.4m from £13m previously.

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