The company didn’t declare an interim dividend for the period. Chairman Bill Douie said the general economic environment remained very constrained and much of RTC’s business continued to be materially adversely affected. Write to Jaime Llinares Taboada at email@example.com; @JaimeLlinaresT
Shares at 0841 GMT were down 15% at 42.50 pence. “Replacing that revenue is a high priority and whilst the group continues to service other existing overseas contracts and secure replacement business, we must expect a period of lag in replacing this revenue,” RTC said.
Suggestion For You:
In addition, RTC reported a pretax profit of 200,000 pounds ($274,960) for the first half of the year, in line with the same period of 2020. Revenue rose to GBP40.5 million from GBP39.9 million. The engineering and technical recruitment group said all NATO forces have been withdrawn from Afghanistan, heralding the end of RTC’s main business in that country.
The News Highlights
- RTC Group shares drop after notice of business in Afghanistan, 1H results
- Check the latest News news updates and information about business, finance and more.
For Latest News Follow us on Google News
- Show all
- Trending News
- Popular By week