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IN BRIEF: Churchill China profit almost wiped out by pandemic

19th Apr 2021 13:52

Churchill China PLC - Stoke-on-Trent-based ceramic products maker - Revenue in 2020 falls 46% to GBP36.4 million from GBP67.5 million. Pretax profit down 99% to GBP91,000 from GBP11.3 million. "Short-term trading has remained affected by the pandemic and related government restrictions across our main markets. The majority of our markets now have clear plans in place to re-open hospitality outlets as levels of vaccination increase and virus levels fall," Churchill China says. Names Mark Moore as non-executive, effective immediately. Was formerly European operations director at packaging firm Essentra PLC.

Current stock price: 1,500.00 pence

Year-to-date change: up 12%

By Eric Cunha; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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