Product supplier returns round 拢5.8m loss and reveals 拢700,000 spend on Abu Dhabi factory

Construction product supplier Low & Bonar has reported a profit of 拢7.9m on revenues of 拢155.8m for the last six months.

The results are a turnaround from the same period last year, when the company made a 拢5.8m loss.

It said the results were 鈥渟olid step towards delivering both our medium term financial targets and building further shareholder value.鈥

The firm spent 拢700k in the period setting up a new factory in Abu Dhabi to produce materials for the civil engineering, construction, industrial and architecture sectors.