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Mon June 21 2021

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Canary Wharf Contractors sees profits shrink

8 Jul 16 Canary Wharf Contractors has posted its financial results for 2015, showing a near 7% drop in turnover and a 44% fall in profits before tax.

Projects completed in 2015 include the new Crossrail station at Canary Wharf
Projects completed in 2015 include the new Crossrail station at Canary Wharf

Turnover for 2015 was £125.0m (2014: £134.1m) and pre-tax profit was £2.3m (2014: £4.2m).

The balance sheet shows the company’s net assets were £11.48m at 31st December 2015, up from £9.18m a year before (restated).

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