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Prime People Trading Update

Prime People Trading Update

Prime People Plc. said it sees a fall in its overall net fee income and operating profit marginally lower in the first half less than a year earlier. The company said in light of very limited forward visibility and expectations of the impact of market conditions in the second half, it has taken action to reduce costs and continue to improve operating efficiencies. For the six months to end-Sept., the property recruitment company said it expects overall net fee income of 6.7 million, down from 7.1 million, last year. The company said it expects the operating profit to be marginally less than the 1.07 million made in the same period last year.

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