1st Dec 2015 10:25
LONDON (Alliance News) - BSD Crown Ltd on Tuesday said it swung to a third-quarter profit, although losses have widened over the first nine months of its financial year.
The company made a USD1.4 million pretax profit in the three months ended September 30, compared with a USD2.4 million pretax loss the corresponding quarter the prior year.
Pretax losses for the first nine months of the financial year widened to USD21.9 million from USD3.9 million.
Shares in BSD Crown were down 11% at 17.00 pence on Tuesday morning.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
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