Tasty Share News (TAST)

Tasty, which owns the Dim T and Wildwood restaurant chains, saw losses widen in the year to 27 December due to various one-off costs but revenues increased and the company said 2010 has started well.Pre-tax losses for the period totalled £2.1m, compared with £1.59m the previous year, even as revenue jumped to £9.2m from £8m. Tasty, which has been shifting its emphasis from the oriental restaurant chain Dim T to pizza and pasta-oriented Wildwood, faced higher disposal and impairment charges for property, plant and equipment.The company said it has been seeing an improvement in trading that has extended into 2010.Simigon, which makes computer simulation programmes to train pilots, moved into profit in the year to December 31 as revenues grew and expenses declined.Revenues were up to $6.06bn from $5.14bn the previous year. Net profit totalled $70,000, compared to a loss of $1.98m the previous year.Shares in Stanelco took a dive after the biodegradable packaging firm said trading was in line with expectations but added the is seeking 'support from our shareholders to enable us to fund the accelerating development of the group.'Shares in Thor Mining jumped after the Australian miner said that if the rally in commodity prices continues it is likely to go ahead with the development of its Molyhil tungsten-molybdenum development project in the Northern Territory. The project had previously been deemed economically unviable.