Things are looking up for Aquis-quoted Samarkand (LON: SMK) since the easing of Covid restrictions in China. Although there was a short-term rise in infections, consumer confidence is improving since Chinese New Year. Samarkand could be profitable in the next financial year. Savings have increased sharply over three years and there is pent up demand. […]

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Lower revenues from the Nomad software platform in China hampered progress at Aquis-quoted Samarkand (LON: SMK), although there was a larger contribution from the brands that the company owns. Covid lockdowns in China hampered e-commerce trading and made it more difficult to deliver products. It also meant that potential new clients have delayed signing up […]

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Things have not gone to plan at Samarkand (LON: SMK) since it joined Aquis 18 months ago. The large cash outflow means that the China-focused e-commerce technology and brands retailer requires a cash injection of up to £3m via an open offer. Covid lockdowns in China have delayed progress and hampered the ability to supply […]

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New Apex segment entry Samarkand helps companies sell their products in China, as well as selling its own brands in the market. The company has developed e-commerce software technology known as Nomad. Samarkand moved into profit in the eight months to November 2020, helped by a protective equipment contract from the NHS. Even so, underlying […]

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