6th Aug 2020 15:05
Velocys PLC - Oxford, England-based sustainable fuels technology company - Pretax loss narrows to GBP9.9 million in 2019 from GBP30.9 million in 2018 on sharply lower expenses. Revenue dips to GBP332,000 from GBP664,000. Administrative expenses cut to GBP9.8 million from GBP29.1 million. Covid-19 pandemic may potentially lead to project delays.
Current stock price: 6.16 pence
Year-to-date change: up more than 100%; 1.77p at December 31
By Tapan Panchal; [email protected]
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