Modern Water is positioning itself strongly in China and India

On 20 September Modern Water, the supplier of treatment and monitoring equipment for salty and contaminated fluids, released its interim results for the first half of 2018. Revenue increased from £1.56million in H1 2017 to £1.89m in H1 2018, while losses were reduced from £1.81m to £1.39m. As with several companies introducing new technology, Modern [...]

By | 2018-09-27T11:35:41+00:00 September 27th, 2018|Modern Water Plc|Comments Off on Modern Water is positioning itself strongly in China and India

Modern Water’s membranes are finally producing revenue but profitability is still some way off

Interim results for Modern Water show revenue of £1.56 million to 30 June 2017, up from £1.14m for H1 2016 but less than £2.49m for H2 2016. Loss before tax was £1.79m, up from £1.72m in H1 2016 and £0.85m for H2 2016. The board can, and does, claim progress over H1 2016 but overall [...]

By | 2017-09-20T11:24:49+00:00 September 20th, 2017|Modern Water Plc|Comments Off on Modern Water’s membranes are finally producing revenue but profitability is still some way off