Techcomp Limited Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
For the six months, the company reported revenue of $71.819 million compared to $67.641 million a year ago. Profit before income tax was $1.110 million compared to $0.467 million a year ago due to the increase in revenue during the period. Profit for the period attributable to owners of the company was $0.891 million or 0.37 cents per diluted share compared to $0.734 million or 0.31 cents per diluted share a year ago mainly attributable to the improved margin for the period. Net cash from operating activities was $4.267 million compared to $0.243 million a year ago. Purchase of properties, plant and equipment was $0.403 million compared to $0.545 million a year ago. The revenue increased mainly due to the contribution from the new business of Gas Chromatograph and Gas Chromatography Mass Spectrometry being acquired in last quarter of 2014.