Assoc British Engineering FY Pretax Pft GBP0.47M Vs GBP0.55M

24th Jun 2010 16:01

LONDON (Dow Jones)-- Associated British Engineering PLC (ASBE.LN), a company engaged in diesel and related engineering activities, announced Thursday it made a pretax profit of GBP471,000 for the year ended March 31, compared with GBP549,000. MAIN FACTS: -Revenue: GBP3,366,000 (2009: GBP3,597,000) -Earnings per share: 38 pence (2009: 39 pence) -The directors do not recommend a dividend on the ordinary shares for the year (2009: Nil). -Net Cash: GBP2,915,000 (2009: GBP2,506,000) -The Board continues to keep central costs at a low level and maintains the quest to identify a suitable corporate transaction to take the Group forward. -Shares at 1500 GMT stood at 117.50 pence. -By Zechariah Hemans, Dow Jones Newswires; 44-20-7842-9411; [email protected] (END) Dow Jones Newswires June 24, 2010 11:01 ET (15:01 GMT)