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Electronics Production | November 19, 2007

Intelek profit rose 45%

Electronics company Intelek has posted a 45% rise in half-year underlying pre-tax profit.
In the current financial year the company expects to see significant improvement. In the first six months to 30 September the pre-tax profit rose to £8m compared to £2m previously, Sharecas reports. Sales was a little bit slower and was £3m compared to last year's £4m. This depends on the wear dollar and the expected reduction in business at Labtech. Profit from all trading companies showed noticeable improvement over last year.

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