UK: Torotrak returns to loss in latest year

Torotrak has reported details of its financial performance in the financial year ended 31 March 2011, showing the expected year-on-year revenue decline and return to a pre-tax loss, from the small profit seen in the previous year. Although engineering revenue increased to £2.347m (US$3.8m) in the latest year, from a restated Subscribe to Automotive World … Continued

• By Webmaster
• May 25, 2011