PipeHawk Plc Reports A Turnover Increase Of 39.6% For FY19

  • Oct 23, 2019 BST
  • Team Kalkine
  • PipeHawk Plc (PIP) has released its final results for the year ended 30 June 2019.
  • The company reported a turnover increase of 39.6 per cent for the year to £6.7 million as compared to £4.8 million for 2018.
  • The group posted an operating profit of £57,000 in the year, while it was a loss of £408,000 in 2018.
  • The profit after taxation was of £312,000 for the reported year as compared to £151,000 loss in 2018.
  • On 23rd October 2019, at the time of writing, GMT 08:01 AM, PIP shares were trading at GBX 4.75, up by 0.65 points or 15.85% against the previous day closing price.

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