10th Jul 2023 21:55
Cindrigo Holdings Ltd - clean energy producer - Reports pretax loss for year to December 31 of GBP1.9 million narrowed from GBP2.0 million the year prior. Basic loss per share was GBP0.017 compared to GBP0.014 year on year. Administrative expenses totalled GBP1.8 million, unchanged from the year before, but finance costs fell to GBP97,000 from GBP204,000. There was no revenue in the year. Cindrigo says its current priority is to raise and finalise project development funds for the Dravacel/Croatia 1 project to move it forward. Meanwhile it will also evaluate additional licenses, primarily in Europe, to strengthen the portfolio.
Current stock price: 0.13 pence
By Jeremy Cutler, Alliance News reporter
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