China-based software company Geong International Ltd expects its year-on-year revenue growth to continue at the rate of 50%.
The operating margin should be maintained. It was 15.4% in 2007. Cash collection is also improving.
At the end of July the order book was worth £7.46m. That includes recurring revenues of £3.7m.
Geong’s enterprise content management products are winning business from banks, manufacturers and aviation companies.
Interim figures for the six months to September 2008 will be published in November.
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Northern Bear more than doubled its interim profits.
Vending machines operator SnackTime is raising just over £1m to finance its expansion.
Cambridge Mineral Resources has started gold production at its Quintana Gold Mine in Colombia.
Servoca’s cost cutting programme will result in the company making a loss in the year to September 2008.
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