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IN BRIEF: InfraStrata interim loss widens but revenue surges

19th Apr 2021 13:41

InfraStrata PLC - London-based strategic infrastructure projects company - Revenue in six months ended January 31 rises sharply to GBP5.2 million from GBP 515,230. Pretax loss widens to GBP7.3 million from GBP2.9 million. Management and administrative expenses soar to GBP6.4 million from GBP2.5 million. "Going into the second half of the calendar year 2021 and beyond, we see an immense amount of promise and a significant quantum of work becoming available," InfraStrata says.

Current stock price: 44.60 pence, down 7.1% on Monday

Year-to-date change: down 6.1%

By Eric Cunha; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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