6th Oct 2022 18:08
Haydale Graphene Industries PLC - Ammanford, Wales-based graphene technology company - For the year ended June 30, widens its pretax loss to GBP5.2 million from GBP3.8 million the previous year. Revenue remains flat at GBP2.9 million. Costs of sales tick up to GBP1.2 million from GBP924,000 as its total administrative expenses rise to GBP7.2 million from GBP6.1 million. Says its priority remains commercialising its functionalisation technology. Notes an uncertain economic backdrop and risks that could impinge on its operations. Adds that forward momentum is "unlikely to be smooth" but says it is moving in "the right direction".
Current stock price: 1.83 pence
12-month change: down 71%
By Heather Rydings; [email protected]
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