first_img Tags: NULL Monday 18 October 2010 8:24 pm KCS-content Business and financial adviser Grant Thornton yesterday said annual pre-tax profits grew by 40.2 per cent to £77.6m following its merger with Robson Rhodes and a period of restructuring and cost-cutting.In the year to 30 June the firm’s revenue rose 0.4 per cent to £379.7m. Advisory revenue grew 11.1 per cent to £151.2m but Assurance revenue was down by 6.2 per cent to £135.5m and Tax by 4.8 per cent to £93.0m.Chief executive Scott Barnes said Grant Thornton’s profitability and cash position had created a platform for growth as the firm emerges from the difficult economic environment. Grant Thornton’s strategy is focused on acquisitions to build on its organic growth. This week it acquired litigation support consultancy Legal Inc for integration into its forensic practice.“Our overall performance has been excellent in these conditions. We acted earlier than some others and this is reflected in our 40 per cent growth in pre-tax profits for the year and, against the backdrop of the recession, we have done well to maintain our overall level of revenue,” Barnes said. “We need to increase our profitability further but this was the start I was looking for in my first full year leading the firm.” whatsapp Share Show Comments ▼ whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Grant Thornton reports 40pc surge in annual pre-tax profit last_img

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first_imgLOTERJ has projected revenue of BR$400m for the first year of operation, increasing to BR$1.06bn in the contract’s fifth year. The State Lottery of Rio de Janeiro (LOTERJ) has opened the bidding process for operators interested in providing the creation, distribution and sale of lottery and fixed-odds sports betting products in the state. Rio State Lottery opens sports betting tender process A minimum payout limit of 40% of the amount played on lottery games will be put in place under the tender’s rules, although this percentage will not apply to fixed-odds sports betting. The tender will take place on 5 July this year, for an estimated contract value of BR$260.5m (£34.7m/€40.3m/$49.2m) over its 5-year duration. Waldir Marques, undersecretary for prizes and sweepstakes at the Secretariat of Evaluation, Planning, Energy and Lottery (SECAP) within the Ministry, said at that time that at the national level, multiple operators would be allowed to enter the market. The decision to pursue that model was agreed in February last year, after plans to develop a qualitative framework, where any operator that met the licensing requirements could apply, was scrapped.  Any other organisations looking to take part in the tender will therefore likely need to be part of a consortium, consisting of a WLA member and a company with access to over 3000 points of sale in the state of Rio de Janeiro. Any non-Brazilian companies looking to take part in the process must be partnered with a Brazil-based entity in order to be considered. The winning company or consortium will be contracted for the creation and distribution of lottery products including draw-based and instant win games, as well as fixed-odds sports betting products, and the execution of advertising campaigns related to the games. Topics: Lottery Sports betting Lottery procurement Subscribe to the iGaming newsletter Regions: LATAM Brazilcenter_img Tags: LOTERJ State Lottery of Rio de Janeiro BNDES and the Ministry said they would begin work on developing a bidding process for national sports betting similar to that used to facilitate the sale of instant win lottery business Loteria Exclusiva Instantânea (Lotex) in October 2019. Sports betting Given these criteria, the only Brazilian company which would meet the threshold to take part in the tender is the Caixa Econômica Federal, which runs Brazil’s national lottery. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 20th May 2021 | By Conor Mulheir The tender is aimed at operators who are able to create and distribute gaming products both online and offline, and is limited to companies who reach several criteria. In August last year, Brazil’s president Jair Bolsonaro signed a decree formally adding sports betting to the country’s Investment Partnership Programme portfolio, handing the process of selecting sports betting operators nationally to the state-owned Banco Nacional de Desenvolvimento Econômico e Social (BNDES), and the Ministry of the Economy. LOTERJ has stated that the average expected prize payout on the games is 55% of the amount played. One requirement is that the company must have over 3000 points of sale in the state, with digital capabilities, and the company must also be a member of the World Lottery Association (WLA). Email Addresslast_img

first_img By Kunal Dhyani – August 30, 2020 SportSport News CEC vs SLL ECS T10-Cyprus 2020 LIVE: Dream 11 Cyprus Eagles CTL vs Sri Lankan Lions Limassol Dream11 Team Prediction, Team Squads, Match Predictioncenter_img Share on Facebook Tweet on Twitterlast_img

first_imgLes Gaz Industriels Limitée (GIL.mu) listed on the Stock Exchange of Mauritius under the Chemicals sector has released it’s 2014 interim results for the first quarter.For more information about Les Gaz Industriels Limitée (GIL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Les Gaz Industriels Limitée (GIL.mu) company page on AfricanFinancials.Document: Les Gaz Industriels Limitée (GIL.mu)  2014 interim results for the first quarter.Company ProfileLes Gaz Industriels Limitée is based in Bell Village, Mauritius, and engages in the manufacturing, distribution and sale of industrial gases such as liquid and gaseous nitrogen in bulk, cylinders and welding electrodes in Mauritius and internationally. The company’s production line also include medical gases that are primarily used for medical purposes such as hospitals and clinics, these gases include oxygen, air, entonox, and nitrous oxide gases. In addition, Les Gaz Industriels Limitée offers industrial gas equipment comprising of regulators, cutting torches, flashback arrestors, and a selection of accessories and options in medical gas equipment, as well as welding and cutting services. Les Gaz Industriels Limitée is listed on the Stock Exchange of Mauritius.last_img

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