Company News in Brief

BMSS showed a pre-tax loss of pounds 95,000 ( pounds 515,000 profit) in the year to 31 January on turnover of pounds 15.1m ( pounds 17.3m). Final dividend 3p, making 3p (4.7p). The timber and building materials merchant said the greater activity in the housing market gave it cautious optimism.

Hillsdown Holdings has sold Harvest Poultry to management for pounds 6m. The buyers were backed by 3i.

Ingham made pre-tax profits of pounds 452,000 (loss pounds 152,000) in 1992 on turnover of pounds 7.41m ( pounds 4.83m).

Korea Liberalisation Fund said its net asset value fell to dollars 6.14 last year. No dividend.

Micklegate Group, the property developer, returned to the black with a pre-tax profit of pounds 87,000 (loss pounds 438,000) in the six months to 31 October. Turnover pounds 2.88m ( pounds 3.10m); earnings per share 0.45p.