Hunting Plc Reports Decent Numbers For H1 FY19

  • Aug 29, 2019 BST
  • Team Kalkine

Hunting Plc (LSE: HTG) has reported decent numbers for the six months to 30 June 2019. Company’s revenues improved to $508.9mn from $442.8mn of H1 2018. Reported profit from operations stood at $41.1mn, up from $38.9mn of H1 2018. On the operational front the company launched the H-2 and E-SUB Perforating Systems, while in Q3 the automated production cells for the manufacture of perforating guns at Pampa, Texas, will be fully commissioned.

On 29th August 2019, at the time of writing, GMT 08:27 AM, HTG shares were trading at GBX 421.20, down by 8.60 points or 2.00% against the previous day closing price.

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