TopHat to ‘become profitable within three years’

By Carl Brown2022-08-08T09:19:00

Modular developer posts £19.4m loss but insists new factory will help push it into the black

TopHat has reported a further £19.4m loss but insists it will make a profit within the next three years.

The Goldman Sachs-backed modular developer, in its results for the year to 31 October 2021, nearly doubled its turnover from £6.3m to £12.3m but still made a substantial loss.

Login or Register for free to continue reading Housing Today

To continue enjoying housingtoday.co.uk, REGISTER FOR FREE

Already registered? Login here

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:

Breaking industry news as it happens
Gain access to Housing Today’s Specialist CPD modules
Expert News and analysis

It takes less than one minute….

Join the Housing Today community - REGISTER TODAY

… or subscribe for full access - Subscribe now