Pentranic Reports Tumble in Profits

The HeraldMarch 04, 2005

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Summary


GLASGOW technology firm Pentranic reported a steep tumble in pre- tax profits in the first year of its ownership of the former trading operations of electronics firm Magnum Power.

Pentranic, which is majorityowned by chief executive Asif Habib, posted a profit of pounds-85,554 for 2003, down from pounds-304,189 the previous year.

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Pentranic Reports Tumble in Profits

The decl...

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