IN BRIEF: Made Tech shares down on swing to interim loss
Made Tech Group PLC - London-based provider of digital, data and technology services to the UK public sector - Posts revenue of GBP20.6 million for the six months ended on November 30, up 76% from GBP11.7 million the year before. Swings to pretax loss of GBP1.7 million from a profit of GBP121,000, as cost of sales jumps to GBP13.8 million from GBP7.1 million the year before. Administrative expenses increase to GBP6.3 million from GBP3.4 million. Adjusted pretax profit falls 70% to GBP300,000 from GBP1.0 million. Contracted backlog amounts to GBP47.8 million, up 54% from GBP31.3 million.
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