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Annual Results

BWA Group in the red

02 October 2017 08:34

BWA Group has posted a full-year pre-tax loss of £19,306 for the year to the end of April against a profit of £23,713 last time.

Turnover was nil compared with £225,311 a year ago.

Chairman Richard Battersby said: 'The objective of the company is to find a suitable candidate for a reverse take-over and, in the meantime, to invest in smaller opportunities that may arise.'

He added: 'Finding suitable candidates is a time-consuming process but the board continues to try hard to bring a transaction to fruition.'

Story provided by StockMarketWire.com

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