Construction consultant NBA Quantum this week said it was upbeat about its prospects – despite posting a loss of £65,000 for the six months to 31 December.
NBA Quantum had a pre-tax profit of £195,000 for the comparable period of 2001.

Turnover also fell £227,000 to £1,238,000.

The company attributed its poor performance to the cost of developing BPL, a multimedia joint-venture operation, and the delay of several key projects because of the economic climate.

Chairman Bob Jervis said that BPL's performance would improve over the next 12 months.

Jervis said: "The development of BPL is a strategic step in the growth of the group. It provides us with new opportunities like PFI and corporate insolvency work from which NBA Quantum will benefit in due course."

Jervis added that NBA Quantum's order book was full for the next 12 months, which would boost its year-end results.

The company is also on the hunt for acquisitions.