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Mercantile Ports & Logistics (MPL) Share News

AIM WINNERS & LOSERS: Totally celebrates healthcare contract renewals

27th Feb 2025 10:29

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday. Read More

LONDON MARKET OPEN: Stocks down but Rolls-Royce starts share buyback

27th Feb 2025 09:13

(Alliance News) - Stock prices in London opened lower on Thursday, ahead of US jobless claims set for release in the afternoon. Read More

EARNINGS: Gusbourne loss widens; Woodbois revenue declines

30th Sep 2024 17:30

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

IN BRIEF: Mercantile Ports secures new GBP15 million loan agreement

27th Jun 2024 13:55

Mercantile Ports & Logistics Ltd - India-focused developer of a port and logistics facility - In 2023, pretax loss widened to GBP21.3 million from GBP12.1 million a year prior. Revenue grew 12% to GBP5.5 million from GBP4.9 million. Administrative expenses fell 15% to GBP3.3 million from GBP3.7 million. Impairment loss of GBP9.9 million reported for port asset. Cash and cash equivalents increased to GBP2.9 million from GBP558,000. Read More

AIM WINNERS & LOSERS: Great Western completes mill construction

10th Jan 2024 10:46

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More

IN BRIEF: Mercantile Ports shares fall on short-term Karanja downturn

10th Jan 2024 10:07

Mercantile Ports & Logistics Ltd - developer, owner and operator of ports and logistics facilities in India - Reports short-term impact on trading volumes at Karanja facility due to the acquisition of a nearby port. Multiple customers elected to acquire coal from the new port, as importers sought to clear stockpiles, instead of importing through Karanja as expected. Company therefore now anticipates approximately GBP5.4 million in revenue for 2023, up from GBP4.9 million in 2022, but below expectations. Says, however, that it "traded well" for "the vast majority" of 2023 and that overall demand remains stable. Also has a "robust pipeline" and expects to announce new contracts in the coming weeks. Read More

EARNINGS: CMO "not immune" to tough market; Malvern in profit swing

29th Sep 2023 12:55

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

UK shareholder meetings calendar - next 7 days

21st Jul 2023 15:38

Read More

TRADING UPDATES: R&Q premiums rise as presses on with separation

29th Jun 2023 15:40

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

TRADING UPDATES: Creo Medical sees growing demand for products

27th Jun 2023 20:08

(Alliance News) - The following is a round-up of updates by London-listed companies, issued Tuesday and not separately reported by Alliance News: Read More

UK shareholder meetings calendar - next 7 days

20th Jun 2023 15:44

Read More

Mercantile Ports & Logistics raises GBP9 million to repay part of loan

13th Jun 2023 09:09

(Alliance News) - Mercantile Ports & Logistics Ltd on Tuesday said it has raised GBP9.0 million from a placing, subscription and retail offer. Read More

IN BRIEF: Mercantile Ports & Logistics announces result of placing

9th Jun 2023 11:17

Mercantile & Ports Logistics Ltd - Guernsey-based developer, owner & operator of ports - Raises GBP9.8 million through placing a subscription of shares. Says in total 101.9 million placing shares have been conditionally placed, and 195.0 million subscription shares have been conditionally subscribed for. The issue price for both the placing and subscription share is 3 pence each. The company said on Thursday that this funding will go towards paying back part of a loan facility entered into between Karanja Terminal & Logstics Pvt Ltd, the company's Indian subsidiary, and four Indian public sector banks. Read More

Mercantile Ports & Logistics plans fundraise to repay part of loan

8th Jun 2023 20:21

(Alliance News) - Mercantile Ports & Logistics Ltd on Thursday said it will raise around GBP9 million to go towards paying back part of a loan taken by its Indian subsidiary. Read More

IN BRIEF: Mercantile Ports subsidiary inks container facility deal

25th May 2023 11:54

Mercantile Ports & Logistics Ltd - Developer, owner and operator of ports and logistics facilities in India - Says subsidiary Karanja Terminal & Logistics Private Ltd signs five-year deal with Lucky Marine Shipping & Logistics PVT Ltd for the handling of containers at its Karanja facility. Lucky Marine will deliver volumes of at least 1,000 twenty-foot equivalent units per month, with operations starting in the next few weeks. Says Karanja will provide container services, which includes handling, transportation, storage and warehousing to Lucky Marine. Read More

CORRECT: Mercantile Ports signs contract worth GBP500,000 annually

3rd Mar 2023 10:39

(Correcting share price from euros to pence.) Read More

Mercantile Ports signs liquids contract worth GBP500,000 annually

3rd Mar 2023 10:28

(Alliance News) - Mercantile Ports & Logistics Ltd on Friday said subsidiary Karanja Terminal & Logistics Private Ltd has signed a contract with Rudra Marine Services for the handling of liquid commodities. Read More

Mercantile Ports signs MoU with operator of terminal at major port

15th Feb 2023 11:22

(Alliance News) - Mercantile Ports & Logistics Ltd on Wednesday said it has handled its first container freight at its facility in Navi Mumbai, India, and has signed a new memorandum of understanding. Read More

TRADING UPDATES: Hardide confirms annual revenue guidance

22nd Dec 2022 14:26

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

TRADING UPDATES: ImmuPharma loss narrows; MetalNRG loss widens

6th Oct 2022 20:10

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

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