News blog

UniVision Engineering Ltd

  • BY: Andrew Hore |
  • POSTED: 22/07/2019 |

CCTV technology supplier UniVision Engineering Ltd has won a HK$2.55m contract from the Hong Kong government following the lifting of the temporary tendering suspension. 

The government did not want UniVision to tender for other work when it was busy on the initial stages of the MTR Corporation contract. This contract was won in 2017 and is worth around £40m in total. Completion is expected in November 2023.

The contract is for a system designed to automatically identify abnormal behaviour of inmates in a correctional institution.

A lack of liquidity holds back the share price although it has risen to 2.4p recently.

Revenues and profit for the year to March 2019 will be much higher than last year when revenues were £5.6m and pre-tax profit on continuing operations was £735,000.

© 2019 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

News Blog
All micro news

Quoted Micro 19 August 2019

Continue reading... | 19/08/2019

Omega Diagnostics

Food intolerance and diagnostics company Omega Diagnostics has delayed its interim results announcement, although it figures appear likely to be in line with expectations. 

Continue reading... | 19/08/2019

Transense Technologies

More good news from Transense Technologies and the share price rose by 9.5p to 70.5p. 

Continue reading... | 13/08/2019

Ironveld

Ironveld has entered into confidentiality agreements with potential purchasers of its mining rights for the high-purity iron, vanadium and titanium project in the Bushveld complex in South Africa. 

Continue reading... | 12/08/2019

All micro news

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds