UK's Zytronic gains over 5% on annual profit jump

Zytronic

13/12/2022 08:46

** Shares of Zytronic Plc  ZYT.L  rise more than 5% to 145p
    ** The maker of touch sensors posts a 40% rise in annual
pre-tax profit at 700,000 pounds($858,200)
    ** Says FY gross margin improved to 30.5% from 30.3% a year
ago
    ** Annual revenue up 5% to 12.3 mln pounds; gaming revenues
jump 62% to 4.7 mln pounds
    ** Including session's gains, stock down about 18% YTD
($1 = 0.8157 pounds)
 (Reporting by Aby Jose Koilparambil in Bengaluru)
 ((abyjose.koilparambil@thomsonreuters.com))