PIPEHAWK PLC – Completion Of Disposal Of Utsi Electronics Limited
RNS Number : 2499K PipeHawk PLC 30 June 2026 Prior to publication, the information contained within this announcement was
RNS Number : 2499K PipeHawk PLC 30 June 2026 Prior to publication, the information contained within this announcement was
RNS Number : 6639C PipeHawk PLC 01 May 2026 Prior to publication, the information contained within this announcement was
RNS Number : 5365Y PipeHawk PLC 30 March 2026 The information contained within this announcement is deemed by the
PipeHawk is pleased to advise that the unaudited turnover for the second six months to 30 June 2021 was approximately £4.1 million compared to the unaudited turnover for the first six months to 31 December 2020 of £2.6 million.
I am pleased to report that the Company’s turnover in the six months ended 31 December 2019 was £4,518,000 (H1 2019: £2,901,000), an increase of 56 per cent over the comparable period last year
I can report that turnover for the year ended 30 June 2019 was £6.7 million (2018: £4.8 million), an increase of 39.6%. The Group made an operating profit in the year of £57,000 (2018: £408,000 loss) and a profit before taxation for the year of £12,000 (2018: £502,000 loss) and a profit after taxation of £312,000 (2018: £151,000 loss). The earnings per share for the year was 0.91p (2018: loss per share 0.45p).
PipeHawk announces that its subsidiary, QM Systems, that it has been selected as a partner to work with Cox Powertrain Limited to develop a turnkey Production System for the control and manufacture of a revolutionary new product in the Marine Industry.
PipeHawk is pleased to provide a trading update, following the release of its Interim Results on 23 March 2018. In the Chairman’s Statement accompanying the Interim Results it was stated that there were a number of significant contracts, with QM Systems, awaiting award over the next 4-6 weeks.