FIH Group Plc H1FY20 revenue declines to £19.4 million

  • Nov 12, 2019 GMT
  • Team Kalkine
  • FIH Group Plc (FIH) has released an interim result for the six months ended 30 September 2019.
  • The Group revenue for the reported period declined to £19.4 million as compared to £19.6 million in the same period of 2018.
  • Profit before tax was lower at £1.25 million as compared to £1.35 million in the same period of 2018.
  • Company’s cash balances as at 30 September 2019 increased to £9.6 million as compared to £6.2 million as at 31 March 2019.
  • Bank borrowings stood at £16.4 million as at 30 September 2019, while it was £12.8 million as at 31 March 2019.

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