31st Mar 2015 12:13
LONDON (Alliance News) - Inspirit Energy Holdings PLC on Tuesday said its pretax loss widened in the first half as it moves towards production of its micro combined heat and power, or mCHP, boiler.
Inspirit's pretax loss widened to GBP419,000 in the half to the end of December, compared to a GBP251,000 loss a year earlier.
The company said it recently secured a micro-financing deal of GBP350,000 to back the development of its mCHP boiler and is moving close to production of the product.
Inspirit shares were down 4% to 0.600 pence on Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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