Manufacturing Industry
BLOCK SHIELD CORPORATION PLC - Interim Results.
PR Newswire UK Disclose, October, 2005
Embargoed Release: 07:00hrs Wednesday 19th October 2005
Block Shield Corporation PLC
('The Group')
Interim Results for the six month period ended 31 August 2005
Highlights
* Solid revenue growth exceeding management expectations;
* Turnover increased to $1,802,000 compared to $623,000 for the equivalent
half-year (eight month) period last year ("H104");
* Gross margins increased to 46% compared to 26.4% for the financial year
ended February 2005 and 4% for H104;
* Loss per share reduced to $0.07 from $0.19 for H104 and $0.29 for the
financial year ended February 2005;
* Research and development costs reduced to $858,000 (H104. $1,376,000)
* Sales of 4 DECA machines...
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