Sutton Harbour posts modest profit; advances Plymouth developments

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Marine and waterfront regeneration specialist Sutton Harbour posted a modest first-half profit as it advanced new developments in Plymouth.

Pre-tax profit for the six months through September amounted to £0.28m, compared to a profit of £0.11m on-year.

The company said it was finalising pre-construction preparations for consented schemes at Harbour Arch Quay and Sugar Quay in Plymouth.

The installation of new Plymouth Fisheries fuel and power servery was underway and due to be complete by end of 2019.

At 8:25am: (LON:SUH) Sutton Harbour Holdings PLC share price was 0p at 22p