UK's Enteq Technologies gains on higher revenue

Enteq Technologies

16/11/2022 10:02

** Shares of energy services technology and equipment
supplier Enteq Technologies  NTQ.L  rise as much as 11.2% to
9.45p
    ** Company's HY revenue rises to $4.9 mln from $2.3 mln a
year earlier as North American drilling activity increases
    ** NTQ posts HY adj operating profit of $100,000 vs loss of
$600,000
    ** Stock on track to log best day in two years
    ** Including session gains, stock down ~35% YTD
 (Reporting by Prerna Bedi in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com))