SRT Marine has today issued a trading update for the six months ending 30
September 2022. H1 23 revenue of £18.8m was up considerably (300%) on
the £4.7m reported at H1 22. The principal driver of this growth is the fact
that the Systems division passed a number of key milestones, generating
revenue of c.£13.6m, up from £0.5m the year before. Management
estimates that a minimum profit before tax of £1.5m was generated in the
period, versus a loss of £3.1m at H1 22. The statement confirms
ma ....
03 Oct 2022
PROGRESSIVE: SRT Marine: Revenue realised as milestones passed
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PROGRESSIVE: SRT Marine: Revenue realised as milestones passed
SRT Marine Systems plc (SRT:LON) | 29.8 0 0.0% | Mkt Cap: 66.2m
- Published:
03 Oct 2022 -
Author:
Ian Robertson -
Pages:
2
SRT Marine has today issued a trading update for the six months ending 30
September 2022. H1 23 revenue of £18.8m was up considerably (300%) on
the £4.7m reported at H1 22. The principal driver of this growth is the fact
that the Systems division passed a number of key milestones, generating
revenue of c.£13.6m, up from £0.5m the year before. Management
estimates that a minimum profit before tax of £1.5m was generated in the
period, versus a loss of £3.1m at H1 22. The statement confirms
ma ....