HSBC Invoice Finance (UK) Ltd have released their annual accounts for the year ended 31 December 2000. Turnover has risen by 13.96% to Ј118.037million from the 1999 figure of Ј103.579million. Pre-taxation profits have risen by 8.31% to Ј42.533million from the 1999 figure of Ј39.268million. Although the rise in 2000 profits is not as great as 1999, these figures so far reaffirm HSBC as the most profitable UK factor.
BCR Publishing
For a further breakdown and analysis of the accounts, please click through to:
HSBC Invoice Finance (UK) Ltd / Factors’ Details and Analysis
