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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Solid State Plc | LSE:SOLI | London | Ordinary Share | GB0008237132 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1,505.00 | 1,480.00 | 1,530.00 | 1,505.00 | 1,505.00 | 1,505.00 | 3,892 | 07:49:38 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Electronic Parts,eq-whsl,nec | 126.5M | 6.69M | 0.5899 | 25.51 | 170.76M |
RNS No 7502x SOLID STATE SUPPLIES PLC 26th March 1999 Solid State Supplies PLC has announced that, with effect from the end of April 1999, the Company will no longer distribute components supplied by Microchip Technology Inc. Sales of these products, which began in June 1997, accounted for 18 per cent. of total turnover in the last financial year but had not begun to contribute to profits due to the costs incurred in developing the required infrastructure and stock levels. In the short term, there will therefore be no adverse impact on profitability and some improvement in cash resources. While the Directors are disappointed at the termination of the Microchip franchise, the Company has the resources to look for further distribution and acquisition opportunities. Further enquiries to: Gary Marsh on 01892 836836 END MSCMLGZFNKLLLMM
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