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IN BRIEF: Kibo Energy loss widens in 2021 on impairment costs

27th Jun 2022 17:06

Kibo Energy PLC - group with energy projects in Africa and UK - Reports revenue of GBP3,245 in 2021, versus none in 2020. Loss after tax widens to GBP23.0 million from GBP6.4 million. Bottom line hit by GBP20.7 million impairment of non-current assets.

Current stock price in London: 0.11 pence

12-month change: down 57%

Current stock price in Johannesburg: ZAR0.06

12-month change: down 45%

By Eric Cunha; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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Kibo Energy
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