Manches net profit drops to 10-year low of £2.15m, PEP down to £135k
Net profit has fallen to a 10-year low at Manches, dropping by 42 per cent from £3.7m to £2.15m, while average profit per equity partner (PEP) has fallen below £200,000 for the first time since 2004/05. The firm’s equity partnership has contracted by just one over the last year to 15, but PEP has dropped […]