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The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
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Goodwin PLC - engineer based in Stoke-on-Trent - For the six months ended on October 31, revenue rises 30% to £89.3 million from £89.3 million from £68.9 million the year before. Pretax profit increases by 58% to £12.2 million from £7.7 million. Workload increases to £242 million compared to £157 million a year ago. ‘This increase relates to the materialisation of some of the major projects that the Mechanical Engineering division has been pursuing within the military and nuclear waste re-processing markets’, the company notes. Looking ahead, says profitability levels are expected to increase over the next twelve months as a result of increased work load.
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Redx Pharma PLC - Macclesfield, England-based clinical-stage biotechnology company focused on the treatment of cancer and fibrotic disease - For the year ended on September 30, reports revenue of £18.8 million, up from £10.0 million the year ago. Pretax loss narrows to £17.8 million from £21.4 million. Books an exchange gains on translation of £2.3 million from just £37,000 the year before. Looking ahead, says excited by its pipeline and prospects, believing in its strategy, team, asset portfolio to secure future funding.
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GSTechnologies Ltd - Milton Keynes, England-based fintech and information technology company - Posts a widened loss for the six months ended September 30 to $1.7 million from a $1.2 million the year before, as operating loss increases slightly to $1.2 million from $1.1 million. Sales for the period drops to $1.8 million from $2.3 million a year earlier.
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By Xindi Wei, Alliance News reporter
Comments and questions to newsroom@alliancenews.com
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