David Hathaway Transport doubled profits before Kinaxia buyout


 

David Hathaway Transport increased profits by more than 52% before it was acquired by Kinaxia last year, recently published results show. The Bristol-based transport, storage and haulage contractor made a pre-tax profit of £688,000 in the year ending 31 May 2019, compared with £451,000 the year before. Turnover also rose by 11% to £15.6m during the period. The company said the increase in sales revenues was due in the main to new business in its existing customer base. Read more […]