Turnover rise but profits fall
Posted on 14 Jun 2017 and read 4520 times
Leicester manufacturer Oadby Plastics) has seen its turnover rise but profits fall for the year ending 31 December 2016. (
www.oadbyplastics.co.uk The firm, which manufacturers and distributes industrial plastics, saw its turnover rise from £29.7 million in 2015 to £31.6 million.
However, its profits after tax dropped from £3.13 million in 2015 to £2.58 million. The company increased its workforce from 186 to 207 last year, with the biggest rise coming in production staff.