IN BRIEF: Cadogan Energy Solutions shares rise amid increasing revenue
8th Sep 2026 06:59
Cadogan Energy Solutions PLC - "multi-energy company" with gas-to-power production in Ukraine and gas exploration projects in Italy - Reports pretax loss of USD718,000 in first half of 2026, swung from a USD907,000 profit a year before. Revenue rises 78% to USD5.5 million from USD3.1 million and gross profit more than doubles, but Cadogan takes a USD451,000 net foreign exchange loss, compared to a gain of USD1.5 million a year before. Average oil production over the recent six months is 330 barrels per day, up slightly from 326 a year before, while average electricity production is 61.2 megawatt hours per day. Read More