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Virgin Money UK swings to profit as bad debt charge falls

Banking group Virgin Money UK swung to a first-half profit after a drop in bad debt charges offset a weaker operating income.

Pre-tax profit for...

Wed, 05/05/2021 - 07:09


Camellia profit slumps on £8.2m impairment charges, pandemic impact

Agriculture, engineering and food service company Camellia reported a sharp decline in profit following £8.2 million of impairment charges owing to the pandemic impact and...

Tue, 04/05/2021 - 09:13


Microsaic Systems books loss; sees sales bounce back in first quarter

Mass spectrometry instrument developer Microsaic Systems reported a full-year loss as its sales slipped, thought it saw them rebound in the first quarter of the...

Tue, 04/05/2021 - 08:49


Ocean Outdoor books £184m pre-tax loss on writedown, lower sales

Outdoor advertising group Ocean Outdoor booked a deeper annual loss after its revenue slumped during and it wrote down the value of its assets, citing...

Tue, 04/05/2021 - 07:40


Sylvania Platinum reports net proft and production levels in line with expectation

Sylvania Platinum has reported a net profit of $41.3 million (£29.76 million) for the quarter ended 31 March 2021.

Company CEO, Jaco Prinsloo said: "I...

Fri, 30/04/2021 - 14:26


FireAngel losses narrow; target discounted equity placing; appoints new CFO

Home safety products supplier FireAngel reported narrower annual losses but announced plans to raise up to £6.9 million at a discount to accelerate new product...

Fri, 30/04/2021 - 09:34


Minoan Group files loss, appoints Deloitte to assist board.

Greece and Crete exposed tourism firm the Minoan Group has reported a successive year of loss, although substantially lower than 2019’s result.

For the year...

Fri, 30/04/2021 - 09:10


Universe Groupp suffers end of year losses amid lower revenues

Developer and supplier of retail management solutions Universe Group has filed a loss for the year ending 31 December 2020 of £0.62 million. Total revenues...

Fri, 30/04/2021 - 08:57


Tekcapital posts increase to profits and portfolio valuation

Intellectual property investment group Tekcaptial has reported an increase in profit after tax: up to $7.7 million (£5.3 million) from $5.5 million (£3.95 million) in...

Fri, 30/04/2021 - 08:43


Westminster files succesive annual loss but entered year debt free

Technology-based security solutions firm Westminster has reported a loss after tax of £0.7 million.

However, it is an improvement on 2019’s loss of £1.3 million....

Fri, 30/04/2021 - 07:32


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