Zytronic profit falls 37% in the first half amid lower gaming revenue

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Touch sensor manufacturer Zytronic reported a 37% fall in first-half profit owing to lower revenue in its gaming division.

Pre-tax profit for the six months through March fell to £1.4m, down from £2.2m on-year.

Revenue fell 10% to £10.6m.

'As stated in our recent trading update, whilst historically trading in the second half has shown an improvement over the first half, and there are several projects that should improve performance as they come to fruition, at this stage the board is taking a cautious and conservative view on an increase in activity levels from the gaming sector in the second half,' chairman Tudor Davies said.

At 9:51am: (LON:ZYT) Zytronic PLC share price was -2.5p at 267.5p