Company News in Brief

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The Independent Online
Cornwell Parker, the furniture and fabrics maker and supplier, reported a sharp decline in pre-tax profits from pounds 2.9m to pounds 1.3m in the six months to 31 January. Turnover slipped to pounds 43m ( pounds 43.1m). Earnings per share fell to 1.8p (4.6p). Interim dividend is maintained at 1.7p.

Domestic & General Group, the insurance underwriter, broker and financial services provider, increased pre-tax profits from pounds 3.4m to pounds 4.45m in the six months to 31 December on turnover up from pounds 26.2m to pounds 32.8m. Premium and investment income were up 24.2 per cent and 9 per cent respectively. Earnings per share improved to 43.51p (33.55p). Interim dividend is raised from 7.35p to 9.35p.

Hartons Group, plastic sheet, film, rod and tube distributor, reduced taxable losses from pounds 6.25m to pounds 4.5m for the year ended 31 December, despite a notable fall in turnover from pounds 87.3m to pounds 61.9m. Loss per share was cut to 5.9p (8.5p). No dividend was declared.

Parkdean Leisure achieved a 62 per cent rise in pre-tax profits from pounds 502,000 to pounds 811,000 for the year to 30 November. Turnover grew to pounds 9.2m ( pounds 8.5m). Earnings per share are 6.9p (6.1p). Interim dividend is 1.3p.

Pict Petroleum, the oil and gas exploration and production company, returned lower pre-tax profits of pounds 1.9m ( pounds 2.9m) for the six months to 31 December, although turnover for the period showed a 57 per cent increase over the previous year to pounds 7.5m, reflecting a sharp rise in production to 737,000 barrels (436,000). Earnings per share slipped to 3.62p (5.66p). No dividend.