20th Aug 2021 20:26
Afarak Group PLC - speciality alloys supplier with mines and plants in South Africa, Turkey and Germany - Revenue in six months to June30 rises 5.2% year-on-year to EUR37.3 million from EUR35.5 million. Pretax loss slims to EUR475,000 from EUR4.6 million a year earlier. Posts EUR2.9 million impairment gain, against none in prior year. "During the first half of 2021, the company continued to go through difficult times. It is only towards the end of the period that we saw first signs of improvements," Chief Executive Guy Konsbruck says.
Current stock price: 20.00 pence
Year-to-date change: unchanged
By Eric Cunha; [email protected]
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