StockMarketWire.com - Surveillance system company UniVision said it had received official confirmation from authorities that a temporary suspension from tendering for public works contracts in Hong Kong had been lifted.

The temporary suspension had occurred as a result of a significant increase in work from a contract with MTR Corporation.

'The directors are also pleased to announce that the progress reported in our interim results, in December 2018, has continued into the second half of the year as the directors had expected, the company said.

'The group has benefitted, for the first time, from a full year's contribution from the MTRC contract and we expect to report revenue and profits, for the year ended 31 March 2019, to be substantially ahead of last year.'


At 1:59pm: [LON:UVEL] Univision Engineering Ltd share price was +0.15p at 2.2p



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