Kenetics Group Limited
04 April 2008
Kenetics Group Limited ('Kenetics' or the 'Group' or the 'Company')
Trading Update
4 April 2008
Kenetics Group Limited, the Radio Frequency Identification (RFID) company
focused on security and RFID systems and products, announces the following
trading update for the year ending 31 December 2007.
Group revenue for the year has improved significantly. Loss before tax was
slightly lower than the previous year despite a write-down in impairment loss in
investment. Significant resources were invested in developing a range of new
generation products that are expected to bring about improvements to the Group's
revenue streams.
The Company expects to announce the final results for the year ended 31 December
2007 before 9 May 2008.
TIDM: KEN
Contact :
Ken Wong
Kenetics Group Limited
Tel: +65 9616 6883
www.kenetics-group.com
Dominique Doussot/David Massey
Zimmerman Adams International Ltd
Tel: + 44 (0) 20 7060 1760
www.zimmint.com
This information is provided by RNS
The company news service from the London Stock Exchange
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