Yu Group boosts turnover by over 400%
Yu Group, the Nottingham-based supplier of gas and electricity to businesses, has seen its revenue and profits soar for the six months to 30 June.
The firm's revenues has risen by more than 400% to £20.7m, while profits come in at £1.16m. Yu says revenues for the year to 31 December 2018 expected to be "substantially ahead" of current expectations with contracted revenue already at £23.2m.
The firm says an increased focus on larger corporates has boosted performance.
Bobby Kalar, chief executive officer, said: "I am deligh... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
