Company News in Brief

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The Independent Online
Anagen, the diagnostics systems maker, has reduced taxable losses from pounds 2.4m to pounds 1.8m in the six months to 30 June on turnover of pounds 1.3m ( pounds 218,000). LPS was cut to 5.6p (9p). No dividend.

Five Oaks Investments saw a sharp drop in taxable losses from pounds 4.2m to pounds 851,000 for the year to 30 June, helped by a 10 per cent rise from rental income. Turnover grew to pounds 3.5m ( pounds 3.2m). LPS is cut from 9.05p to 1.83p. No dividend.

Lowland Investment Company is to pay a 5.8p final dividend, making an increased total of 9p (8.5p) for the year to 30 September.

MY Holdings, the packaging manufacturer, lifted pre-tax profits from pounds 2.3m to pounds 2.5m in the year to 28 August. Interest costs fell from pounds 401,000 to pounds 164,000. Turnover edged ahead to pounds 35.1m ( pounds 34.3m). EPS 3.81p (3.41p). Final dividend 1p, making 1.25p (1p).

Seafield Resources, the oil and gas production company, incurred pounds 1.1m ( pounds 1.46m) pre- tax loss in the six months to 30 June. Sales improved to pounds 16.9m ( pounds 11.4m) and interest charges were lower at pounds 1.6m ( pounds 2.7m), but trading profits were down from pounds 1.2m to pounds 505,000. LPS is 1.6p (2.2p). No dividend.