30 Sep 2022 14:45
EARNINGS SUMMARY: Narf loss narrows; Chill Brands loss widens
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:
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Don't have an account? Click here to register.Atlantic Coal slides after posting widening of annual losses
Mon, 08th Jun 2015 14:29
Atlantic Coal dropped into the red on Monday after reporting a widening of full-year losses, hit by lower sales volumes and low prices towards the end of the year.Sales for the 12 months totalled $18.4m, down from $19.7m the previous year, hit by the worst winter in Pennsylvania for 20 years, which it said severely curtailed production in the first quarter of 2014 with particular problems of washing anthracite at consistently low temperatures.However, it recovered throughout the rest of the year to achieve record production at the Stockton mine of 165,046 tons.Chairman Adam Wilson said that although working and trading conditions have been difficult at times, the company has laid the foundations for a sound future going forward, which is already bearing fruit as we progress through the first part of 2015.He said: "2014 has seen a lot of exciting and positive developments at Stockton Mine, which are feeding through into our performance for 2015 and provide us with a sound basis for optimism going forward. That said, despite record production it was disappointing not to make a profit. "
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Atlantic Coal reports 26% rise in revenue
(ShareCast News) - Atlantic Coal said its unaudited turnover for the nine months ended 30 September 2015 rose 26% to around $17.8m and it expects second-half turnover to at least match the first half. The AIM-listed anthracite coal mining company, which plans to release unaudited revenue figures in
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