Loss for Geneva Finance

Geneva Finance reported an annual loss and revised down profit forecasts but said it is committed to seeing the company through a difficult period. It reported a $7 million loss in the year to March 31 compared to a loss of $7.9 million in the same period last year. It predicts a tax-paid profit of $1.5 million in the year to next March 31, down from the previous forecast of $3.25 million and the forecast for 2011 is $2.61 million, down from $3.36 million.