On 16 May, 6pm Holdings plc issued its Interim Directors’ Statement to update the market on its performance during the first few months of 2012. The company announced that during the period under review, profits were satisfactory and monthly targets were reached with all companies within the Group delivering positive results.
6pm explained that in the past months, the Group invested heavily in business development to complete the core services offered within the National Health Services in the UK. 6pm is also in its final stages to launch a business-to-customer range of products by July 2012. These products will be launched primarily through the use of social media and online promotion campaigns. The Company will be also promoting these products via a world tour.
6pm is further investing in the development of emCare with the aim to launch a number of telecare and telehealth services both locally and overseas. These services are estimated to be launched in Malta by September 2012.
Additionally, 6pm announced that during the past 6 months, the management team has been in discussions to finalize a deal where 6pm will have an active investment in a company which operates as a data service center to place 6pm in a position to offer a holistic ICT service to customers in Malta and also overseas. Talks have already taken place to secure a number of clients for this service.
The Directors of 6pm also noted that they are cautiously optimistic for the current financial year and they anticipate that the results obtained during the first few months of 2012 will be maintained throughout the rest of the year and will help in reversing the negative profitability trend experienced in past years.