News

Mobile phone software group Adamind posted interim profits of $544,000 compared with the loss of $4,000 last year. Revenue fell to $691,000 from $1.7m, reflecting the sale of assets in the first half.

Anglo Asian Mining slumped after it saw first half pre-tax losses widen to £12m from £1.7m before, due to administrative charges, exploration expenses and impairment provisions.

Cambridge Mineral Resources said mines will be operational in six months, subject to available finance. Pre-tax losses for the half-year fell to £603,000 from £682,000 before.

Bank Conister Trust said total operating income rose 9% to £2.5m, while customer deposits fell slightly to £48.9m from £50.7m before.

Retail property investment company Dawney Day Carpathian saw NAV per share fall to 112.41p from 114.15p before. It also announced acquiring two land plots in Romania for €11.8m.

3D software and content company DDD Group narrowed pre-tax losses for the half-year to £743,000 from £1m previously, even though turnover slipped slightly to £91,000.

Recruitment firm Harvey Nash saw first half pre-tax profit rise 17% to £3.1m on turnover that increased 19% to £143.9m.

Paper group Inveresk saw turnover for the half-year fall slightly to £6.8m, while pre-tax losses increased to £856,000 from £743,000 in the same period last year.

Islamic Bank of Britain said first-half customer number grew 28% to 8722, while operating losses fell to £3.8m from £4.2m before.

Renewable wood-to-energy group Libra Natural Resources said performance in the first six months was 'excellent' as turnover trebled to £4.52m on gross profits up 450% to £820,000.

Bio-pharmaceutical company Lipoxen fell as pre-tax losses for the first six months widened to £1.5m from £855,000 in the same period last year.

Card group Matica said interim profit was down from 2006, primarily as a result of a number of exceptional items, despite turnover rising 17%.

Security group Pettards said its size and limited capital resources are constraining its ability to capitalise on the opportunities in the industry. Turnover for the half year was flat at £10.3m from £10.4m in the same period last year.

Proteome Sciences said it looks forward to reporting further developments over next few months as it slightly reduced losses for the half-year to £2.32m.

Lock maker Servocell said as expected interim revenues were hit by delays with pre-tax losses increasing for the half year. The group said it planned to raise additional equity finance to fund future working capital.

Shariah compliant financial products supplier Shariah Capital said revenues fell slightly to $180,000 in the first six months as it focused on securing larger recurring revenue opportunities at the expense of near-term consulting engagements.

Upstream oil and gas company Sound Oil said pre-tax losses for the first half rose to £885,000 from £441,000 previously.

Fibre optics laser group SPI Lasers said it expects current order book to deliver similar revenue in the second half to the first half of this year. In the first six months, net loss was £885,000 compared with £441,000 last year.

Tersus said during the first six months it has continued to be capital constrained and has made slow progress. Revenue fell slightly and it added that it will require additional finance in the coming three months.

Smart labels provider Timestrip said steady progress is being made despite lengthy sales cycles within global multinationals. Revenue for the first half fell to £110,000 from £216,000 before with pre-tax losses increasing to £730,000 from £397,000 last time.

Transense Technologies saw interim revenue increase to £138,000 compared with £17,000 during the equivalent period, while tight control on costs helped losses for the period fall slightly to £809,000.

TripleArc disappointed with flat turnover and gross profits for the half year. It said delivery of anticipated revenue growth was affected by slower than expected demand from core customers.

Vane Minerals said progress has been made in the first half as it continues to generate revenues via its production at Diablito. Pre-tax losses rose to £968,000 from £344,000 before.