Coral Products Plc (LON: CRU) reports a 12.3% decline in H1 FY21 sales

Be the First to Comment Read

Coral Products Plc (LON: CRU) reports a 12.3% decline in H1 FY21 sales

 

Coral Products Plc (LON: CRU) has released its half yearly report for the six months ended 31 October 2020.

  • Group sales for the reported period declined by 12.3 per cent to £10.65 million as compared to £12.14 million for the six months to 31 October 2019.
  • Gross profit was lower by 6.7 per cent to £4.29 million as compared to £4.60 million in the same period last year.
  • The company reported that the recycling plant is adding to the business and has done all through the pandemic to date.
  • The stocks of the company on 8 December 2020, traded higher by 17.37% from its previous closing, hovering at around GBX 6.25 at 10:20 AM GMT+1.

Disclaimer

Speak your Mind