Flowtech: Flowtech Fluidpower profit falls as costs widen in first half of 2023

(marketscreener.com) Flowtech Fluidpower PLC on Wednesday said profit in the first half of 2023 fell, despite rising revenue, as this was offset by rising cost of sales and total administrative expenses. In the six months that ended June 30, the Wilmslow, England-based supplier of technical fluid power products said pretax profit fell 48% to GBP1.6 million from...https://www.marketscreener.com/quote/stock/FLOWTECH-FLUIDPOWER-PLC-16529372/news/Flowtech-Fluidpower-profit-falls-as-costs-widen-in-first-half-of-2023-44729924/?utm_medium=RSS&utm_content=20230830