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Keep up to dateListed builder and developer Pochin’s has reported a half-year loss of £4.4m on turnover of £47.5m
It made a £319,000 profit in the first half of 2008. The loss was caused by a write down of £3.7m on property joint ventures.
Construction and property group Pochin has warned project delays would hit profits in the second half of the year.
Loss-making contractor says construction arm will struggle to be profitable after delays in key contracts
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Latest phase of Cambridge North scheme includes 425 homes along with lab and office space
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