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Share Price Information for Condor Gold (CNR)

London Stock Exchange
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Share Price: 23.75
Bid: 23.00
Ask: 24.50
Change: 1.25 (5.56%)
Spread: 1.50 (6.522%)
Open: 22.50
High: 24.25
Low: 22.50
Prev. Close: 22.50
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TRADING UPDATES: EKF Diagnostics swings to loss as revenue drops

Tue, 28th Mar 2023 14:39

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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Aukett Swanke Group PLC - professional services firm that mainly provides architectural and interior design services - Pretax loss in financial year that ended September 30 widens to GBP1.8 million from GBP595,000 a year ago. Revenue declines 9.1% to GBP24.0 million from GBP26.4 million. Looking ahead, says UK architecture businesses and German investments are high quality operations with strong brands. Anticipates further growth in UK architecture business.

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Condor Gold PLC - gold exploration company with operations focusing on Nicaragua - Pretax loss widens to GBP2.5 million in 2022 from GBP2.3 million in 2021. Hails sales process, which it says is entering the end of its first phase, with three formal expressions of interest, including two non-binding offers, received as of March 13. Chair Jim Mellon says: "Condor is at an important point in its history. It is very close to mining, with substantial proven reserves, and a carefully costed mining plan".

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EKF Diagnostics Holdings PLC - Cardiff-based diagnostics and central laboratory assay maker - Swings to pretax loss GBP8.9 million in 2022 from a profit of GBP21.4 million. Revenue falls 19% to GBP66.6 million, in line with market expectations, from GBP81.8 million. Looking ahead, Executive Chair Julian Baines says: "Cost reduction, restructuring and efficiency measures will further improve our performance in 2023 and onwards. The work to deliver these measures has already begun in earnest and the board remains confident that the performance of the business for the year remains in-line with management expectation, with EKF now well positioned for long-term sustainable growth."

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essensys PLC - London-based software and cloud services for flexible workspace industry - Pretax loss in the six months to January 31 widens to GBP7.7 million from GBP4.7 million a year ago. Revenue grows 18% to GBP12.9 million from GBP10.9 million. Administrative expenses increase 33% to GBP15.0 million from GBP11.2 million. Cost of sales increase 37% to GBP5.6 million from GBP4.1 million. Says trading in second half of financial 2023 in line with management's expectations. Expects to meet financial 2023 market forecasts and notes confidence in longer-term structural growth opportunity.

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Highcroft Investments PLC - England and Wales-focused real estate investor - Net asset value per share as at December 31 falls 15% to 1,081 pence from 1,275p a year prior, blaming high inflation, rises in interest rates and political instability. Swings to a pretax loss of GBP7.1 million in 2022, from a profit of GBP12.2 million. Looking ahead, says portfolio is well-positioned to deliver long-term secure returns for shareholders.

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Regional REIT Ltd - real estate investment trust - Portfolio value fell 12% on a like-for-like basis to GBP789.5 million at the end of 2022, from GBP906.1 million a year before. This was primarily due to macro-factors affecting the property sector, it says. Net asset value per share falls to 78.1 pence from 97.4p. More positively, net rental income increases 12% to GBP62.6 million in 2022. Dividend per share rises to 6.6p from 6.5p. Looking ahead, firm is confident of maintaining high rent collections and cites a momentum on asset management initiatives for the rest of 2023. Chair Kevin McGrath says: "The UK region's economic activity continues to strengthen, and companies continue to require office space in our identified growth areas. Regional REIT remains well positioned to meet the challenges and take the opportunities that will inevitably arise in the coming years."

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Technology Minerals PLC - London-based battery metals developer - Pretax loss for the six months to December 31 narrows to GBP692,000 from GBP1.1 million a year prior, as it has no initial public offering costs compared to GBP314,000 a year ago. Other figures broadly flat, with no revenue. Company touts advancement in exploration assets, with a focus on Ireland and Spain. "The aim remains to increase the value of each project through efficient, targeted exploration work in a capital-light manner, seek out partnerships to inject further capital as required, and creating additional value in the portfolio and for shareholders," Technology Minerals says.

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By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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12 Jun 2014 13:24

Condor Gold Says Exploration Targets Return Positive Trench Results

LONDON (Alliance News) - Condor Gold PLC Thursday said it has extended the original trenching programme at its wholly-owned La India gold project in Nicaragua in response to further geological interpretation and positive assay results. The gold exploration company said it is at an advanced

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5 Jun 2014 09:59

Condor Gold Pretax Loss Narrows On Lower Expenses

LONDON (Alliance News) - Condor Gold PLC Thursday said its pretax loss narrowed in 2013 due to a fall in administrative expenses as the company focused on developments in Nicaragua. The gold exploration company, which is yet to produce any revenues, said its pretax loss narrowed to GBP2.9 m

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8 May 2014 13:42

Condor Gold Awards Services Contract For La India Site To Lycopodium Minerals Canada

LONDON (Alliance News) - Condor Gold PLC Thursday said it has awarded a contract to Lycopodium Minerals Canada Ltd to provide services for its La India Project in Nicaragua. The gold exploration company said Lycopodium would provide a Pre-Feasibility Study level design for a processing plan

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8 May 2014 07:57

Condor Gold awards engineering design contract for La India PFS

AIM-listed mining group Condor Gold has appointed engineering group Lycopodium to provide a pre-feasibility processing plant design for Condor's La India project in Nicaragua. The group expects as a base case to generate 2,300 tonnes per day of ore, processing 800,000 tonnes per annum, if productio

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3 Apr 2014 12:29

Condor Gold Continues To Add Exploration Potential At La India Project

LONDON (Alliance News) - Condor Gold PLC Thursday said additional exploration potential has been shown by a district-scale gold mineralisation geological model of its La India Project in Nicaragua. The gold exploration company said the new model, which permits a greater understanding of the

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26 Mar 2014 14:18

Condor Gold appoints new COO

Condor Gold has appointed Dave Crawford as Chief Operating Officer (COO). He will be responsible for overseeing the company's flagship La India project, which includes a total attributable mineral resource of 18.4m tonnes at 3.9 grams per tonne (g/t) for 2.33m ounces of gold and 2.68 ounces of silv

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26 Mar 2014 12:14

Condor Gold Appoints Dave Crawford As Chief Operating Officer

LONDON (Alliance News) - Condor Gold PLC Wednesday said Dave Crawford has been appointed the chief operating officer of the company in order to develop the company's flagship La India Project in Nicaragua. The gold exploration company said Crawford has 37 years experience in the mining indu

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7 Jan 2014 09:59

Condor Gold Says La India Project Is Mostly Safe From Gold Price Drop

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7 Jan 2014 08:22

AIM IN BRIEF: H&T Says Profit As Expected, But Gold Price Has Hurt

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21 Nov 2013 12:13

DIRECTOR DEALINGS: Condor Gold Chief Executive Exercises Options

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8 Nov 2013 12:05

UK WINNERS & LOSERS: IAG Takes Off, Schroders Continues To Slide

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8 Nov 2013 10:25

Condor Gold Updates Mineral Resource Estimate In Nicaragua, Shares Fall 12%

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21 Oct 2013 09:46

Condor Gold Completes Metallurgical Testwork In Nicaragua

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16 Oct 2013 10:03

Condor Gold Says Geotechnical Study Points To Lower Costs In Nicaragua

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25 Sep 2013 09:16

Condor Gold Pretax Losses Almost Double On Costs

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