IN BRIEF: Capital Metals sees narrowed interim loss as expenses drop
21st Dec 2022 14:30
Capital Metals PLC - London-based mineral sands explorer focused in the Eastern Province in Sri Lanka - For the six months that ended on September 30, pretax loss narrows to USD378,188 from USD1.2 million the year before, as administrative expenses decline significantly to USD382,400 from USD1.2 million. Capital Metals books a gain in finance income of USD2,531, compared to just USD110 a year earlier. Records no revenue for the period, unchanged from last year. Cash balance as at September 30 amounted to USD812,246. Read More