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Remote Monitored Systems posts first-half loss amid modest sales

By BFN News | 02:14 PM | Friday 25 September, 2020


Survey and monitoring company Remote Monitored Systems posted a first-half loss after it achieved modest sales. Pre-tax losses for the six months through June amounted to £0.25m, compared to losses of £0.38m on-year. Revenue rose to £0.06m, up from £0.02m. Chief executive Trevor Brown said the successful development of a face mask with anti-viral properties would likely generate substantial revenue for the enlarged group following its acquisition of Pharm 2 Farm. 'Proof of concept for the efficacy of the anti-viral mask is imminent and mask production is anticipated to commence in the first quarter of 2021,' he said. At 2:14pm: (LON:RMS) Remote Monitored Systems Plc Ord 0.2p share price was -0.02p at 0.46p Story provided by StockMarketWire.com

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