Densitron shares dive on profit warning

Shares in Densitron Technology plummeted Tuesday, after the designer and manufacturer of information display systems said that its operating profit for 2012 will now be materially below that achieved in 2011.

Shares in Densitron Technology plummeted Tuesday, after the designer and manufacturer of information display systems said that its operating profit for 2012 will now be materially below that achieved in 2011.

This follows a previous announcement in November when the company said its full year results are expected to be behind market expectations. However, since then the company experienced a delay in some of its orders that were to be booked and delivered to customers in the period up to the year-end.

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