LitComp has posted a net loss of £53,000 for the six months ended 30 September 2006.

This represents a 42% improvement on the group's net loss of £92,000 for the same period in 2005.

The listed after the event (ATE) insurance and medico-legal reports had an operating profit of £180,000. Its Elite ATE insurance arm achieved a pre-tax profit of £205,000.

Douglas Smith, LitComp's non-executive chairman, commented: "The period has been an exciting one for LitComp, following the group's move to AIM in March 2006 and Elite's receipt of unconditional regulatory approval at the same time, which enable it to commence full-scale marketing in the UK."

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