In a statement at today's annual general meeting, Lord Bell, chairman of Chime, said: "We said at the time of our preliminary announcement in February 2004 that for the first time in two-and-a-half years we were more positive about our prospects. Our performance so far for the first six months of 2004 supports this view."
Chime said that as well as increased operating income, costs had been restrained and that debt levels were at an "appropriate" level.
Lord Bell added: "We expect to report a pre-tax profit at the interim stage compared with our reported pre-tax loss for this period last year."
The share price at the time of writing was up by almost 4% to 34p, a rise of 1.25p. However, this figure is still off the previous year high of 51p.
Last September, Chime revealed that profits for the year had fallen by 35% to 拢3m.
If you have an opinion on this or any other issue raised on Brand Republic, join the debate in the .