pipehawk plc shares fell on tuesday after the company reported a swing to pretax loss for fiscal 2022 dragged by higher costs amid challenging market conditions shares at 1000 gmt were down 20 pence or 13 at 130 pence the uklisted transporttechnology group posted a pretax loss of 16 million pounds 19 million compared with a profit of gbp79000 the same period a year ago the company reported an operating loss of gbp13 million from an operating profit of gbp257000 a year earlier looking ahead the company said that it has current fiscal 2023 order enquiries have increased robustly in light of market conditions all divisions of the group are currently performing well and i remain optimistic in my outlook for the group chairman gordon watt said