Chamberlin PLC (CMH.L) reported first half loss attributable to equity holders of GBP 626 thousand or 8.42 pence per share, compared to profit attributable to equity holders of GBP 263 thousand or 10.5 pence per share last year. The company noted that the prior year results were restated.
Pre-tax loss was GBP 713 thousand, compared to pre-tax profit of GBP 1.02 million in the year earlier period.
Underlying loss per share was 9.35 pence, compared to earnings of 8.6 pence in the year earlier period.
Revenue declined to GBP 14.22 million from GBP 23.54 million in the same period last year.
Moving ahead, the company said it is confident of delivering improved results in the second half of the current financial year although, given the operationally geared nature of the business, the volume of orders actually achieved will greatly influence the exact outcome.
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