Kent announce profit

Kent today announced a pre-tax profit of £51,725 for the year ending October 31, 2003. This compares with a profit of £20,927 in 2002, and a loss of £22,083 in 2001.

Carl Openshaw, the chairman, said, "It is encouraging to be able to report an increased profit for the year and a continuation of the improving trend in recent years."

Openshaw added that the major factors which contributed to the increased turnover were the weather, which helped a record number of match receipts, the success of the Twenty20 Cup, and the launch of the new ground at Beckenham.

"Although we enjoyed a successful year both on and off the field, we are aware that finances in cricket remain precarious, and we continue to be grateful for the excellent support we receive from our sponsors, members and commercial partners."