PNE Industries Ltd. Announces Unaudited Group Earnings Results for the Second Quarter and Half Year Ended March 31, 2019
PNE Industries Ltd. announced unaudited group earnings results for the second quarter and half year ended March 31, 2019. For the quarter, the company reported revenue of $19,854,000 against $15,651,000 a year ago. Profit for the period was $246,000 against loss of $342,000 a year ago. Earnings per ordinary share on fully diluted basis were 0.3 cents against loss per share of 0.4 cents a year ago.
For the half year, the company reported revenue of $48,223,000 against $38,756,000 a year ago. Profit for the period was $2,851,000 against $1,397,000 a year ago. Earnings per ordinary share on fully diluted basis were 3.4 cents against 1.7 cents a year ago.