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IN BRIEF: Amiad Water Interim Revenue Falls But Profit Improves

Thu, 10th Sep 2020 17:36

Amiad Water Systems Ltd - water treatment and filtration firm - Revenue in six months to June 30 down 12% year-on-year to USD51.5 million from USD58.4 million. Pretax profit improves to USD3.0 million from USD947,000 as selling and marketing costs fall 19% to USD11.4 million and finance income more than trebles to USD1.6 million.

Current stock price: 229.50 pence

Year-to-date change: down 9.5%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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