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IN BRIEF: ProPhotonix Swings To Interim Profit Despite Lower Revenue

10th Sep 2020 13:58

ProPhotonix Ltd - manufacturer of LED illumination systems - Revenue decreased 3.7% to USD6.9 million in the six months to the end of June from USD7.2 million a year ago. Order bookings were also lower, at USD6.8 million from USD7.5 million the year before. Despite that ProPhotonix swung to pretax income of GBP266,000 from loss of GBP206,000 a year ago.

Current stock price: 1.61 pence

Year-to-date change: up 3.9%

By Evelina Grecenko; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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