Company News in Brief

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.