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Enteq Upstream approaches breakeven with sales boost

Wednesday, 12th June 2019
Drilling technology company Enteq Upstream narrowed its annual losses after boosting its sales.

Pre-tax losses for the year through March amounted to $0.1m, compared to losses of $0.6m on-year.

Revenue rose to $10.2m, up from $6.5m.

Current market stability and oil prices encouraged 'cautious optimism', the company said.

At 3:00pm: (LON:NTQ) Enteq Upstream share price was +0.5p at 31p

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