How can as an engineering firm, lose $3.36m on a turn over of...

How can as an engineering firm, lose $3.36m on a turn over of $8.4m? This makes the 4th year in a row with massive losses, totalling about $22m of a $55m turnover.

This firm lacks focus, and its shows over the last four years, its doing everything, now into ESG (the next shiny thing), plus mining, oil, gas, pharma, water etc. Statement by MD, millions of kilograms in not how anyone familiar with carbon reduction talks, its always in "tons". A n engineering firm this small has to be niche, otherwise it will keep losing money, as it has.


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