Profitability dips at listed biotech firm

AIM-listed biotech firm Benchmark Holdings has reported increased revenues in a six-month period where its profitability suffered as it focused on delivering a higher value product mix.

The Sheffield-based aquaculture health, nutrition and genetics business this morning published its six-month results to 31 March 2019. Its revenues rose 3%, from £75.7m to £78.3m. But its adjusted pre-tax profits fell 80% from £3.6m last year to £700,000 this year. 

The firm added that its adj... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...

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