logo
Share SHARE
FONT-SIZE Plus   Neg

Zytronic H1 Pretax Profit Decreases - Quick Facts

Zytronic plc (ZYT.L) reported profit before taxation of 0.8 million pounds for the six months ended 31 March 2013, compared to 2.1 million pounds last year. Profit after taxation from continuing operations decreased to 0.6 million pounds or 4.0 pence per share from 1.6 million pounds or 10.9 pence per share last year.

Revenues decreased by 20% to 8.5 million pounds from 10.6 million pounds prior year. Operating profit decreased by 64% during the period.

The company said the decline in revenues has been due to the absence of some one-off orders for ATM display products as well as de-stocking on the Coca Cola Freestyle project and other business which together had accounted for approximately 2 milllion pounds of revenues in the comparable prior period.

The Directors of Zytronic have declared a dividend of 2.75 pence per share at 6% above the prior year, payable on 26 July 2013 to shareholders on the register on 12 July 2013.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Samsung is planning to sell the recalled Galaxy Note 7 devices as refurbished or rental phones where applicable, but not in US. In a statement, the company said, "Regarding the Galaxy Note 7 devices as refurbished phones or rental phones, applicability is dependent upon consultations with regulatory authorities and carriers as well as due consideration of local demand. The markets and release dat Hollywood is spending more than ever to produce movies, with new technology and computer graphics imaging (CGI) bringing superheroes to life. Directors constantly one-up one another with special effects, while actors like Johnny Depp or Tobey Maguire are demanding beaucoup bucks to reprise their... Sluggish sales of video games have forced GameStop to take a decision to close around 150 retail locations. Digital downloads and competition from rivals are said to be the reason for shut down. The company operates around 6600 stores worldwide and has not revealed the list of shops to be closed. According to reports GameStop is planning the closure of up to 3 percent of their shops.
comments powered by Disqus
Follow RTT