Old Woking, Surrey-based customised electronics firm Alphameric Plc is showing a net and pre-tax profit of #354,000 for the year ended March 31 compared with a loss of #321,000 last time on turnover that grew a healthy 58% to #10.8m, having faced what the chairman Alan Benjamin called three difficult years. He add that the […]
Old Woking, Surrey-based customised electronics firm Alphameric Plc is showing a net and pre-tax profit of #354,000 for the year ended March 31 compared with a loss of #321,000 last time on turnover that grew a healthy 58% to #10.8m, having faced what the chairman Alan Benjamin called three difficult years. He add that the results show the effects of our progress with solid profits and higher turnover contributing to a sound balance sheet. The firm is still not proposing a dividend, however, saying it hopes to restore them as soon at its seems wise. There was growth in all business segments and a strong order book, coming from both the UK and the continent. The service unit has seen increased data broadcasting with new orders received from the Stock Exchange’s chosen quote vendors, ICV and Telekurs and also from British Rail. The firm also has a new multimedia product offering ViewPoint which will initially be used in the retail banking sector in North America. It is designed to help with staff training and providing customer information via a centrally controlled satellite distribution system. New terminals for the retail and wholesale banking markets have been brought out and Reuters and Yorkshire Bank have received orders. And the City Technologies Ltd division that was acquired last September has won an integrated command and control systems order from a regional UK police force.