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IN BRIEF: Tirupati Graphite's share suspension to be lifted

7th Aug 2023 16:53

Tirupati Graphite PLC - London-based natural flake graphite producer, which has operations in Madagascar and Mozambique - Says suspension of shares will be lifted at 0700 BST on August 8. This follows publication of audited financial statements for the year ended March 31. On August 3, the firm said total production increased 59% to 4,770 metric tonnes in the year ended March 31 from 2,996 the year before. Pretax loss widened to GBP2.4 million from GBP2.0 million although revenue increased to GBP2.9 million from GBP1.6 million.

Current stock price: suspended at 33.14 pence

12-month change: down 24%

By Jeremy Cutler, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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Tirupati Graphite
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