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Ceramic Fuel Cells Receives Expected AUD4.1 Million Tax Refund

Fri, 31st Oct 2014 10:01

LONDON (Alliance News) - Ceramic Fuel Cells Ltd Friday said it has received the AUD4.1 million tax refund from the Australian Taxation Office it had expected.

Ceramic Fuel Cells, which develops and manufactures fuel-cell-based, micro power plants, said the refund was for its research and development activities in the 2014 financial year.

It had previously notified shareholders of the expected refund in October and in September.

Ceramic Fuel Cells shares were down 1.4% at 0.360 pence on Friday.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

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