Company News in Brief

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Radius, the computer systems and maintenance group, disclosed a sharp decline from pounds 1.2m profit to pounds 1.7m taxable loss for the year to 30 November. Turnover eased to pounds 23.2m ( pounds 24m). Loss per share is 3p (EPS 2.9p). Total dividend cut to 0.45p (2.7p).

Year to 31 December

Forward Technology slashed pre- tax profits from pounds 186,000 to pounds 89,000 on pounds 43.8m ( pounds 40.1m) sales. EPS 0.5p (nil). Total dividend 0.25p.

Minmet, the mining firm, made Ir pounds 33,000 pre-tax profit (loss Ir pounds 371,000) on Ir pounds 302,000 (Ir pounds 43,000) turnover. No dividend.

Readymix, the ready mixed concrete and concrete products maker, made Ir pounds 2.3m (Ir pounds 2.9m) pre-tax profit. EPS fell to 5.13p (6.57p). Total dividend 3p (2.9p).

Six months to 31 December

Headway, furniture and protective packaging materials maker, reduced pre-tax losses from pounds 883,000 to pounds 628,000. Loss per share 2.6p (3.7p). No dividend.

Thomas Walker, which makes belt buckles, studs and buttons for clothes, achieved pounds 48,000 pre-tax profit (loss pounds 71,000). EPS recovered to 0.587p (LPS 1.16p). Dividend held at 0.18p.