Tag Archives: gold buying

H&T group profit drops 60% to £6.7m in 2013

H&T group profit drops 60% to £6.7m in 2013

But pawnbroker’s retail sales remained resilient in tough environment. Pawnbroker H&T Group has released its preliminary results for the year ended December 31 2013, with group profit before tax falling 60.6% to £6.7 million but retail sales climbing 23.9% to £24.9 million. According to the results, H&T’s group profit totalled £49.9 million in 2013, a

Albemarle profits down 33% as gold buying softens

But pawnbroker plans ahead with focus on Asian gold market. Albemarle & Bond has posted its interim financial results for the six months to December 31 2012, with profits before tax down 33% to £8.1 million, in line with expectations owing to reduced gold buying profits. The pawnbroker’s gold buying margins remain solid however, sitting

Fashion helps drive cash-for-gold market

Research by gold refiner Capella lists 10 reasons why consumers sell. UK-based gold refiner and bullion dealer Capella Manufacturing has carried out research into the current market for gold buying, creating a list of the top 10 motivators that cause consumers to part with their gold. Capella says that consumers are now driven “as much