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Steel firm Premier Hytemp returns to profits

PREMIER Hytemp, the North Sea-focused steel business sold earlier this month by Murray International Holdings, reported rising sales and a return to profitability in its final full year as part of former Rangers Football Club owner Sir David Murray's business empire.

Premier Hytemp Holdings, based at Newbridge near Edinburgh, made a £1.5 million pre-tax profit in the year to June 30, 2012, accounts filed with Companies House revealed.

This was a significant turnaround from the £1.7m loss of the previous year.

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