Sabien Technology Group aim to break even by December 2018 after cutting costs but also reducing pilot trials

In its unaudited interim results for the six months to 31 December 2017 Sabien Technology Group announced that revenues increased to £426,000 (2016: £298,000) while loss before tax was reduced to £225,000 (2016: £826,000). Net cash at the end of the period was £133,000 (2016: £240,000). In spite of the significant improvement in revenue Sabien’s [...]

By |2018-02-22T04:58:43+00:00February 22nd, 2018|Sabien Technology Group|Comments Off on Sabien Technology Group aim to break even by December 2018 after cutting costs but also reducing pilot trials

IN BRIEF: Sabien Technology invests to improve future prospects.

Sabien Technology a specialist in energy efficient technologies, has released its preliminary results for the year to 30 June 2016. At first glance, key results look worse than last year. Sales for the year were £0.88m (2015: £1.74m), Loss before tax was £1.62m (2015: £0.57m loss) Net cash balance was £0.24m (2015: £1.17m). But the [...]

By |2017-08-05T17:44:58+00:00October 31st, 2016|Sabien Technology Group|Comments Off on IN BRIEF: Sabien Technology invests to improve future prospects.
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