Friday, November 30, 2007
RMIF posts record annual profits
The RMIF has made record-breaking profits for 2007 but without the multi-million pound sale of its training arm Remit the trade body’s earnings would still be in the red.
The federation went so far as to shift its accounting period to the year to 9 May 2007 in order to include the sale of Remit in May 2006 that was eventually worth £22m.
Previously, it measured accounts for the year to January.
DATED: 30.11.07
FEED: MT
