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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