UK: Torotrak remains confident despite H1 loss

Torotrak has reported a steep decline in revenue and a net loss of just over £2m (US$3.1m) in the six months ended 30 September 2011, although this reflected an absence of licence fees in the period due to timing of payments. More significantly, the company generated positive operating cash flow of Subscribe to Automotive World … Continued

• By Webmaster
• November 22, 2011