Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCondor Gold Share News (CNR)

Share Price Information for Condor Gold (CNR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 28.25
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.50 (1.786%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 28.25
CNR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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:

----------

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.

----------

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".

----------

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."

----------

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.

----------

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.

----------

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."

----------

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.

----------

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
26 Oct 2022 11:52

Condor Gold receives underwhelming results from study at La India

(Alliance News) - Condor Gold PLC on Wednesday saw shares drop after a feasibility study at its La India project produced disappointing results.

Read more
26 Oct 2022 11:17

AIM WINNERS & LOSERS: Condor Gold La India study disappoints

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

Read more
13 Oct 2022 17:55

CORRECT: Coral Products buys Ecodeck; Evgen Pharma recruits

(Correcting Harmony Energy Income Trust's use of funds.)

Read more
12 Oct 2022 21:46

TRADING UPDATES: Coral Products buys Ecodeck; Evgen Pharma recruits

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

Read more
12 Sep 2022 16:31

Condor Gold announces La India feasibility study

(Sharecast News) - Condor Gold announced the results and details of a feasibility study on the La India open pit on Monday, supporting a probable mineral reserve of 7.3 million tonnes at 2.56 grams of gold per tonne for 602,000 ounces of gold.

Read more
12 Sep 2022 14:36

IN BRIEF: Condor Gold shares jump on feasibility study in Nicaragua

Condor Gold PLC - mine developer in Nicaragua - Announces completed feasibility study for La India Open Pit based in the north-west of Nicaragua, which is set to generate USD888 million in revenue.

Read more
17 Aug 2022 16:46

IN BRIEF: Condor Gold updates resource estimate for La India project

Condor Gold PLC - mine developer in Nicaragua - Updates mineral resources estimate for the La India project in Nicaragua to 9.67 million tonnes at 3.5 grams per tonne of gold for 1.09 million ounces in the indicated category, and 8.64 million tonnes at 4.3 g/t of gold for 1.19 million ounces in the inferred category.

Read more
17 Aug 2022 15:05

Condor Gold upbeat on updates resource estimate at La India

(Sharecast News) - Condor Gold announced the results of an updated mineral resource estimate on its wholly-owned La India Project in Nicaragua on Wednesday.

Read more
16 Aug 2022 12:15

IN BRIEF: Condor Gold sees interim profit fall on mine suspension

Condor Gold PLC - mine developer in Nicaragua - Revenue falls 35% to USD34.7 million in the six months to June 30 from USD54.1 million a year before. Records a pretax profit of USD5.4 million, down 65% from USD15.4 million. Explains that all operations at its Caijiaying zinc-gold mine were suspended in the first quarter, due to mandatory governmental suspensions in China in relation to the Winter Olympics, Paralympics, and the Chinese New Year. Reports record second quarter zinc production. Believes it is well positioned for the second half of 2022 and 2023, after the successful restart of production in the second quarter.

Read more
5 Aug 2022 14:58

TRADING UPDATES: 4D Pharma warns of wind-up; Star Phoenix files claim

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

Read more
14 Jun 2022 12:28

Condor Gold gets GBP3.3 million in share placing for La India project

(Alliance News) - Condor Gold PLC on Tuesday said it has raised GBP3.3 million, which will be used to complete a feasibility study at the La India project.

Read more
14 Jun 2022 10:44

AIM WINNERS & LOSERS: Xeros shares double on "transformational" deal

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

Read more
23 May 2022 19:29

TRADING UPDATES: Big Yellow's annual profit surges on occupancy gains

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

Read more
13 May 2022 11:21

AIM WINNERS & LOSERS: Sabien eyes freeport; Fulcrum order book down

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

Read more
13 May 2022 10:48

Condor Gold first quarter loss widens; looks towards La India study

(Alliance News) - Condor Gold PLC on Friday said its loss widened in the first three months of 2022, as focus turn towards a feasibility study for its La India project in Nicaragua.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.