Sabien Technology falls on bigger FY loss

Sabien Technology

14/10/2022 09:38

** Shares of UK energy efficiency product supplier Sabien
Technology Plc  SNT.L  falls as much as 6% to 9.65p
    ** Co says FY loss before tax widens to 740,000 pounds 
($833,906) vs 510,000 pounds year ago
    ** Co says FY sales down 30% to 680,000 pounds due to
delayed supply chain caused by the worldwide semiconductor
shortage
    ** Shares down 63.6% so far this year, as of last close
($1 = 0.8874 pounds)
 (Reporting by Kavya B in Bengaluru)
 ((Kavya.B@thomsonreuters.com;))