5th Sep 2025 14:26
(Alliance News) - SulNOx Group PLC on Friday said sales have accelerated since the start of its new financial year, as it posted a widened annual loss amid higher costs.
The London-based green fuel technology developer said pretax loss widened to GBP4.2 million in the financial year ended March 31 from GBP1.9 million a year ago.
Administrative costs increased to GBP3.6 million from GBP2.1 million.
Turnover rose to GBP1.1 million from GBP544,120.
SulNOx said sales were GBP564,000 in the first two months of its second financial quarter, meaning from July 1 to August 30, higher than GBP523,000 in the first financial quarter to June 30.
The company added that sales for the first five months of the current financial year, so April 1 to August 30, were GBP1.09 million, similar to GBP1.12 million in the entire financial year 2025.
SulNOx shares were down 3.9% at 37.50 pence each on the Aquis Stock Exchange on Friday afternoon in London.
By Tom Budszus, Alliance News slot editor
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