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The 600 Group posts loss as revenue falls 29%
StockMarketWire.com
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Engineering company The 600 Group posted a first-half loss, pinned on disruption caused by the Covid-19 pandemic.
Pre-tax losses for the six months through September amounted to $1.24 million, compared to losses of $0.63 million year-on-year. Revenue sank 29% to $25.4 million.
The company did not declare an interim dividend.
'The reporting period has been heavily impacted by the Covid-19 pandemic,' executive chairman Paul Dupee said.
'However, the group responded quickly to the challenges, reducing costs and keeping our core competencies together.'
'Whilst short-term macro-economic uncertainty remains, I am confident that we will come out of this crisis a stronger and leaner business.'
At 9:23am: (LON:SIXH) 600 Group The PLC share price was 0p at 8.25p
Story provided by StockMarketWire.com
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