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RIIG turns loss to profit in Q1

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Resources In Insurance Group has reported a profit of £20 000 in the first quarter of the year after the conversion of £200 000 of loan notes left the group debt free.

Unaudited management accounts show turnover in the first quarter of 2011 was £675 000 (2009: £412 000) - reflecting a 64% increase - with a profit of £20 000.

In the year to 31 December 2010, the

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