Srt Marine Sys. Share News (SRT)

IN BRIEF: SRT Marine swings to interim profit as revenue multiplies

SRT Marine Systems PLC - Bath, England-based maritime surveillance, analytics and management systems developer - Reports a steep increase in interim revenue in the six months ended September 30, as it swings to a pretax profit of GBP2.1 million from a loss of GBP3.1 million. Posts revenue of GBP18.8 million, multiplied from GBP4.7 million in the previous year. This, it adds, is despite ongoing component supply issues. Costs of sales surge to GBP11.6 million from GBP3.0 million the year prior. Chief Executive Simon Tuckers expects the strong performance seen in the first half of its financial year to continue going forward, as demand remains robust.

AIM WINNERS & LOSERS: Hutchmed up on positive results for cancer drug

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

TRADING UPDATES: PCF plans AIM exit; Harland & Wolff to refinance

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

SRT Marine signs contract with 'significant' coastguard in Asia

(Sharecast News) - Marine surveillance and coastal monitoring technology company SRT Marine Systems has signed a contract with a new customer, it announced on Wednesday, to provide an unnamed national coastguard in south east Asia with an initial 'SRT-MDA' maritime monitoring system.

SRT Marine first-half revenues surge 300pc

(Sharecast News) - Maritime surveillance, monitoring and management technology company SRT Marine Systems said in an update on Monday that in its first half, revenues were ahead 300% year-on-year at £18.8m.

SRT Marine Systems climbs as half-year revenue more than trebles

(Alliance News) - SRT Marine Systems PLC on Monday said revenue in the first half of its financial year climbed, as its systems business makes "several revenue milestones".

UK earnings, trading statements calendar - next 7 days

EARNINGS UPDATES: Rathbones assets drop; Trackwise sinks to loss

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Thursday and not separately reported by Alliance News:

TRADING UPDATES: Rambler ups production; SRT Marine anticipates loss

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

SRT Marine sees FY pre-tax loss of £6.9m

(Sharecast News) - Maritime surveillance provider SRT Marine Systems said on Tuesday that trading in the year ended 31 March was in line with market forecast expectations, with the group expecting to report a pre-tax loss of £6.9m.

DIRECTOR DEALINGS: Kerry senior director buys EUR350,000 in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and Wednesday and not separately reported by Alliance News:

IN BRIEF: SRT Marine Systems sinks following GBP5 million fundraise

SRT Marine Systems PLC - The Bath-based provider of maritime surveillance - Raises GBP4.9 million via the placing of 16.4 million shares at 30 pence per share. Issue price was a 25% discount to closing price of 40p on Wednesday. The new shares represent 9.1% of its issued share capital. finnCap acted as broker to the placing. Company did not mention for what it would use the proceeds.

TRADING UPDATES: Robust 2021 performances from Capital, Vaalco Energy

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

SRT Marine subsidiary gets order for Panama Canal

(Sharecast News) - SRT Marine Systems announced on Wednesday that it's Em-trak marine electronics subsidiary has received a contract to supply commercial AIS class A transceivers to the Panama Canal.

SRT Marine Systems's em-trak wins Panama Canal transceiver contract

SRT Marine Systems's em-trak wins Panama Canal transceiver contract