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Comptoir Group PLC - London-based operator of Lebanese restaurants - Posts pretax loss for the first half ended June 30 of GBP5.0 million, widening from GBP547,685 a year prior. Revenue down 61% to GBP6.1 million from GBP18.8 million. Does not recommend the payment of any dividend at this time as it is anticipated that all available funds will be required to ensure working capital requirements are met over the foreseeable future.
Non-Executive Chair Richard Kleiner said: "There is no hiding from the fact that we are facing unprecedented times across UK hospitality, and with that, market conditions will inevitably continue to be challenging for our business."
Current stock price: 3.02 pence
Year-to-date change: down 63%
By Greg Roxburgh; gregroxburgh@alliancenews.com
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