IN BRIEF: PHSC swings to annual loss on higher costs; shares drop
2nd Aug 2022 17:08
PHSC PLC - Kent, England-based company that provides health & safety consulting - For the year ended March 31, swings to a pretax loss of GBP577,186 from a profit of GBP189,988 the previous year. Company says this was mainly due to writing off goodwill totalling GBP793,000 relating to its Security division. Revenue climbs to GBP3.8 million from GBP3.3 million. Proposes final dividend of 0.5 pence per share, bringing the total dividend for the year to 1.0p, unchanged from a year prior. Notes continued cost increases moving forward, but says it is confident the firm will remain profitable and cash-generative throughout the year. Read More