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In Partnership reports pre-tax profit of over £300,000

IN Partnership has made a pre-tax profit of £303,794 for the year ended December 31, 2008, compared to a profit of £369,591 for the 18 months to the end of 2007.

Its gross profit reached ££1.6m for 2008, down from £2.08m in 2006/07.

At the end of 2008 IN Partnership had cash reserves of £3.638m.

Finance director David Robinson says gross profit for 2008 was down 15 per cent on 2007’s figures, which he says is a strong result in difficult market conditions.

He says: “These are excellent results, built on financial strength and we’re feeling very positive about the year ahead.”

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