Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

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.

Click here to receive FREE breaking news email alerts for Zytronic plc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Chinese authorities on Tuesday eased some rules for mortgages for buying a second home, in a bid to boost the housing market. The People's Bank of China and the China Banking Regulatory Commission said in a joint statement that buyers who already own one apartment, but have paid off the mortgage... The Reserve Bank of India kept its key rates unchanged once again as expected, citing upside risks to medium-term inflation target. The decision announced Tuesday meant that the repo rate was left unchanged at 8.00 percent for the fourth straight policy meeting. The repo rate is the rate at which the central bank lends to commercial banks. The Reserve Bank of India kept its key rates unchanged once again as expected, citing upside risks to medium-term inflation target. The decision announced Tuesday meant that the repo rate was left unchanged at 8.00 percent for the fourth straight policy meeting. The repo rate is the rate at which the central bank lends to commercial banks.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.