StockMarketWire.com - Cloud e-commerce marketplace @UK's first half operating losses fell by 38% to £216,000

Revenue in the six months to the end of June increased 25% to £1,255,000.

Investment in sales and marketing and technical development increased operating costs by 11% to £1,122,000 (2010: £1,007,000).

After finance costs of £6,000 (2010: £1,000), the loss before tax was £222,000, compared to £350,000 in 2010.

Executive chairman Ronald Duncan said: "Overall the last six months have been a busy and productive time for @UK, during which we have consolidated our leading position in eprocurement in the UK, successfully sold and delivered a transformational project on time and within budget, whilst starting the move into international markets."


At 9:20am: [LON:ATUK] share price was +0.25p at 10.75p



Story provided by StockMarketWire.com