Pure Wafer: banks supportive!
The worldwide leader in the provision of wafer reclaim services, issued its Preliminary Results for year ended 30th June 2009. Things appear to be improving!
The Company has one of the world’s most advanced wafer reclaim facilities, and has a “blue chip” customer base that includes most of the world’s largest semiconductor manufacturers and independent foundries. The Pure Wafer story is very much one of survival at the moment and on that front, following a year of restructuring and board changes, things certainly appear more encouraging. Turnover for the year was £17.2m (2008: £22.3m) and the operating loss £3.8m (2008: profit of £0.2m). The pre-tax loss was £5.3m (2008: £0.8m) and pre-tax loss before restructuring costs and other gains and losses £4.4m (2008: £0.1m). Thankfully…