ULS Technology releases half yearly report
ULS Technology has released its half yearly results showing an increase in underlying operating profit by 4% to £1.95m.
The company has increased its market share resulting in increased revenue, profits and dividend payments in the six months until 30 September 2016.
The firm’s revenue increased slightly to £9.78m. up from £9.76m and the report showed an interim dividend of 1.10p per share- an increase of 5% on the same period last year.
Ben Thompson, chief executive of ULS Technology, said: “I am pleased that we have made good progress in the first half of the year especially given the unusual market challenges we faced. I am confident that we will continue to grow our existing customer relationships while adding further new channels to market to expand our market share.”