A spokesman said the group was expected to be in profit for the current year.
The group's trading position has steadily improved over the year. It made an operating loss of pounds 800,000 in the first half, followed by a loss of pounds 45,000 in the second. It is presently breaking even, according to the company.
Most promising is the environmental protection division, where pounds 5.5m of new orders have been received in the past three months.
The group has restructured, selling its engineering fabrication business and winding down its food trading business. It has reduced the annual net interest charge to pounds 328,000 from pounds 5.1m.
The loss per share was reduced from 62.6p to 1.7p. There is no ordinary dividend for the second year in succession.
The shares fell 0.5p to 7p.Reuse content