Charnos PLC - Interim Results

RNS No 5760t
CHARNOS PLC
23rd October 1997

The statement of unaudited results of Charnos Plc for the half year ended 28
June 1997 was approved by the Board meeting that took place yesterday.

UNAUDITED CONSOLIDATED PROFIT AND LOSS ACCOUNT FOR THE HALF YEAR ENDED 28 JUNE
1997


                                                           #'000
                                        HALF YEAR    HALF YEAR    FULL YEAR
                                        1997          1996          1996

Turnover                                33,954        31,374       91,749
Profit/(loss) on Ordinary
Activities before Taxation              (2,012)       (1,779)       4,087

Taxation                                   644           587       (1,059)

Profit/(loss) on Ordinary Activities
after Taxation attributable to the 
Shareholders of Charnos Plc             (1,368)       (1,192)       3,028    

Dividends paid or proposed:
Preference                                  12            12           25
Ordinary                                   250                        542   

Total Dividends                            262            12          567  

Profit/(loss) for period
carried forward                         (1,630)       (1,204)       2,461  

Earnings per Ordinary Share of 25p each   (71.0p)       (60.2p)     154.0p

Interim results are unaudited, but the 1996 full year's figures are from the
auditied published accounts.

The figures for the first six months always give a misleading indication of
prospects for the full year.  There are many uncertain factors which preclude a
firm prediction of the 1997 profit.

This statement is sent directly to the holded of listed securities.  Copies are
available for members of the public at the company's registered office.
Registered Office:  Corporation Road, Ilkeston, Derbyshire DE7 4BP


END



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