Pottery firm Churchill China has reported a 50 per cent rise in profits after a small jump in half-year sales.
The Stoke-on-Trent-based manufacturer has seen pre-tax profits increase to £600,000 in the half-year to June 30, compared to £400,000 in the first half of last year.
Meanwhile, group revenue increased from £19.7 million in the first six months of 2009 to £20.2 million this year.
Chairman Jonathan Sparey said the results showed the company was on track to meet objectives.
He added: “We are on track to deliver the revenue and profitability objectives we have set ourselves for 2010. Our hospitality business continues to outperform expectations although the rate of growth in the second half is unlikely to be as strong as the first half.
“Demand in both UK and overseas markets continues to hold up relatively well.
“We anticipate that conditions for our retail business will remain relatively challenging in the second half and it is receiving careful management attention.”