Energy Producers
By Frank Prenesti
Date: Friday 16 Sep 2022
LONDON (ShareCast) - (Sharecast News) - London-listed energy producer Coro Energy on Friday reported a narrowing of first-half losses, driven by a booming market for gas.
The company reported a net loss for the six-months to June 30 of $888,000, compared with a loss of $3.6m a year earlier.
Revenue rose to $2.6m from $263,000. Coro said the strengthening of commodity prices in the first half of 2022 "has presented a significant opportunity" with the re-valuation of the Italian Portfolio alongside a significant uplift in the core net asset value of the flagship Duyung PSC in Indonesia.
Reporting by Frank Prenesti at Sharecast.com
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Currency | UK Pounds |
Share Price | 0.028p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 0.29p |
52 Week Low | 0.025p |
Volume | 17,015 |
Shares Issued | 2,866.86m |
Market Cap | £0.79m |
RiskGrade | 570 |
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No dividends found |
Time | Volume / Share Price |
09:55 | 349 @ 0.027p |
08:05 | 16,666 @ 0.025p |
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