News blog
Astek Group
- BY: Andrew Hore |
- POSTED: 12/08/2009 |
- COMMENTS: Add yours
Dental products supplier Astek Group reduced its loss in the year to March 2009 but it has moved into a net debt position.
Revenues increased 25% to £1.37m, with the pre-tax loss reducing from £553,000 to £155,000. The strength of the dollar hit the figures because the products are sourced in dollars from the Far East.
Net debt was £141,000 at the end of March 2009. The figure would have been worse without a tax rebate. Astek needs to stem the cash outflow.
The shares fell 0.05p to 0.75p each, which values Astek at £530,000.
© 2007 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- 2.4mNumber of messages posted on SocialGo networks
- $38mCost savings generated by ideas from WalMart staff over a two month period
- 19.4m
Number of people passing through Johannesburg Airport in 2007
- News Blog
- All micro news
Synchronica
Mobile messaging technology provider Synchronica, which is the subject of a contested, all-share bid from rival Myriad AG, has signed a letter of intent with TSX Venture Exchange-quoted Intertainment Media.
DCD Media
AIM-quoted Timeweave has bought convertible loan notes in DCD Media that can convert into a 29.9% stake in the TV programmes producer.
James Cropper
Paper and speciality fibres manufacturer James Cropper is investing $3m in a new manufacturing facility in New York State.
TEG Group
Peter Gyllenhammar has taken his stake in TEG Group to 3.2% following the purchase of 500,000 shares.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|