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Birmingham Post
Birmingham Post
Business
Coreena Ford

Tech firm Kromek to post £1.2m loss after supply chain issues push back orders

Radiation detection specialist Kromek expects to report a £1.2m loss after supply chain issues pushed back completion dates for some of its orders.

The Durham University spin-out, which supplies its products to the medical, security and industrial sectors, has issued a trading update for the full year ended April 30 2022, highlighting rising demand and new contract wins.

But the NETPark based firm, a leading developer of radiation detection and bio-detection technology solutions, said it had was also hit by supply chain struggles, which led to delays on some orders it had expected to finish before the year end.

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