Education firm RM is bullish despite profit slump; TECHNOLOGY.(Business)

From: The Birmingham Post (England) | Date: May 13, 2008 | Copyright information

Byline: By Tom Scotney Business Staff

Educational products supplier RM saw its profits for the last six months plummet compared to a year before, but said it would still be hitting its yearly total.

In its interim results for the half-year ending March 31 released yesterday, the group reported a pre-tax profit of pounds 200,000, compared to pounds 5.6 million the same time the year before.

Revenue stayed steady at pounds 117 million, compared to pou...

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