Owens Road Services returns to profit

Owens Road Services

Owens has returned to profit  after three consecutive years of losses, its latest financial results have revealed. The Welsh firm posted a pre-tax profit of £706,782 for the year ended 30 June 2012, up from a loss of £12,562 at the end of the previous year. Its pre-tax profit margin also rose to 1.9%, while turn-over jumped 11.9% to £36.7m (2011: £32.8m). 2012 was the first year since 2009 that the firm posted a pre-tax profit, after seeing losses of […]