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Technology firm Nanoco cuts full-year expectations
April 4, 2017 / 7:01 AM / 6 months ago

Technology firm Nanoco cuts full-year expectations

April 4 (Reuters) - British nanotechnology company Nanoco Group Plc cut its full-year expectations saying sales have not materialised in the second half.

The company, which specialises in quantum dots -- semiconductor crystals 10,000 times finer than a human hair, said it is engaged with more near term commercial opportunities than at “any time” in its history.

The company reported revenues of 0.68 million pounds ($845,376.00) for the six months to Jan. 31 and a loss before tax of 6.4 million pounds.

$1 = 0.8044 pounds Reporting by Rahul B in Bengaluru; Editing by Sunil Nair

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