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IN BRIEF: Orient Telecoms swings to first half profit; revenue rises

14th Nov 2023 22:00

Orient Telecoms PLC - Singapore headquartered telecommunication services provider - Says revenue rose to GBP212,120 in the first half ended September 30, up from GBP188,039 the year prior. Says operating profit before tax swung to GBP14,870, from a loss of GBP30,681 a year ago. Says it is expected to have a successful financial year.

Current stock price: 9.50 pence each

12-month change: down 34%

By Harvey Dorset, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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