7th Jun 2023 10:47
Strip Tinning Holdings PLC - Birmingham-based electrical connectors provider for automotive sector - Posts revenue of GBP10.2 million for 2022, down 8.9% from GBP11.2 million in 2021. Pretax loss widens to GBP5.7 million from GBP1.1 million, as gross profit reduces to GBP499,000 from GBP3.3 million a year earlier. Administrative expenses rise to GBP5.9 million from GBP4.2 million. Looking ahead, says it continues to remain vigilant of the wider market environment but increases its confidence of a year of progress in financial 2023. Read More
