HW Coates enjoys 'satisfactory' increase in profits


 

Leicester-based packaged chemicals logistics provider HW Coates Holdings has described its financial performance in the year to 31 December 2012 as “satisfactory” – despite raising its profit before tax by 34% over the previous year. The firm, which raised turnover by 4% during the year from £32.9m to £34.3m, reported profit before tax of £8.1m, compared to almost £6.1m in 2011. Most of it came from subsidiary HW Coates, which separately reported profits before tax of £8.1m for the year […]