shares of samuel heath  sons plc fell friday after the company said pretax profit fell for the first half of fiscal 2023 as margins tightened despite increased revenue shares at 0810 gmt were down 70 pence or 13 at 4500 pence the bathroomfurniture manufacturer posted a pretax profit of 521000 pounds 618218 for the six months ended sept 30 compared with gbp776000 for the same period a year earlier it said this reflects disproportionately increased costs and longer order lead times and build stock levels to avoid supplychain disruption among others samuel heaths revenue increased to gbp76 million from gbp69 million a year ago though it said this was largely due to currency movements rather than volumes growth as the strength of the dollar compared to sterling had a materially beneficial effect the company declared an interim dividend of 55 pence a share flat on the year prior samuel heath said it was hesitant to predict a result for the second half of the year as the order book has held up well to date but talk of a worldwide recession is likely to hit consumer sentiment supplychain and labormarket strains are increasingly concerning and energy costs will rise further it added