Churchill China profit driven higher by 'strong' hospitality ceramics export growth

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Ceramic products maker Churchill China reported a rise in half-yearly profit, driven by 'strong' growth in hospitality ceramics export revenues and the contribution from the acquisition of Furlong Mills

For the six months ended 30 June 2019, reported pretax profit rose to £4.3m from £3.3m a year earlier and total revenues increased by 17% to £31.9m.

The interim dividend was raised by 18% to 10.3p.

'Current trading remains in line with our expectations and we believe that we can, subject to external conditions, make further progress,' the company said.

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