Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMetals Exploration Share News (MTL)

Share Price Information for Metals Exploration (MTL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 5.25
Bid: 5.10
Ask: 5.40
Change: 0.00 (0.00%)
Spread: 0.30 (5.882%)
Open: 5.25
High: 5.25
Low: 5.25
Prev. Close: 5.25
MTL 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: Weaker annual revenue for Tristel and Leeds

Mon, 18th Oct 2021 17:55

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

----------

Tristel PLC - Cambridgeshire-based maker of infection prevention, contamination control and hygiene products - For the year ended June 30, statutory pretax profit drops 42% to GBP3.8 million from GBP6.6 million, as the margin drops to 12% from 21%, due to impairment charges and increased overheads from a rise in headcount. In addition, revenue declined 2.2% year-on-year to GBP31.0 million from GBP31.7 million, as the Covid-19 pandemic caused a drop in worldwide sales as patient examinations which normally use company products have been curtailed. Dividend per share increases 6.0% to 6.55 pence from 6.18p the prior year. Looking ahead, for the first quarter to date patient examinations have increased, leading to confidence for a return to a more predictable pattern of business.

----------

Leeds Group PLC - Leeds-based fabrics importer - For the year ended May 31, pretax loss narrows to GBP508,000 from GBP2.0 million, mainly on a drop in distribution costs, even as revenue declined 6.0% year-on-year to GBP33.0 million from GBP35.1 million, as the pandemic continues to hinder sales performances from Hemmers and KMR. Declares no dividend for the period, in line with the year before.

----------

Metals Exploration PLC - Philippine gold producer - For the three months ended September, from the Runruro project, 19,456 ounces of gold mined, up 29% from 15,705 ounces the same period a year prior, with sales rising 19% to 19,197 ounces from 16,094. This led to 9.3% year-on-year growth in revenue at USD34.2 million from USD31.3 million, despite a lower average gold price of USD1,782 per ounce.

----------

Distil PLC - London-based owner of premium drinks brands - For the six months ended September 30, swings to loss of GBP45,000 from a profit of GBP154,000 a year before, on revenue which declines 23% year-on-year to GBP1.4 million from GBP1.9 million alongside a decline in volumes following an exceptionally strong period. Looking ahead, Christmas will be Distil's key trading period, however supply chain challenges and uncertainty over resuming normal activity mean it will be difficult to give a forecast for the second half of the financial year.

----------

CentralNic Group PLC - London-based domain name registry and registrar services firm - For the nine months ended September 30, revenue amounts to USD280 million, up 66% yearly, while adjusted earnings before interest, tax, depreciation and amortisation are 45% higher at USD32 million. It expects to trade "comfortably at or above" market forecasts. Analyst expectations for annual revenue range between USD348.6 million to USD355.3 million, while adjusted Ebitda forecasts stand between USD41.1 million and USD42.0 million. Will publish interim report for nine-month period on November 22.

----------

Cloudcoco Group PLC - London-based IT and communications for businesses and public sector - For the year ended September 30, expects revenue to marginally beat the GBP8.0 million reported the year before, while trading earnings before interest, tax, depreciation and amortisation to be in excess of GBP700,000, up from GBP261,000 the prior year. Looking ahead, management remains confident that the 2022 financial year will be another year of progress.

----------

Oracle Power PLC - power and natural resource project developer based in Cambridge, England - Over the third quarter of 2021, has been pursuing power generation in Pakistan and is looking to prove up two gold properties in Western Australia. Most recent development has been the co-operation agreement with PowerChina International Group Ltd, which is signed with the intent of developing a green hydrogen production facility in Pakistan.

----------

Supreme PLC - maker of fast-moving consumer goods - Pleased with the strong performance for the six months ended September 30, and remains confident in reaching expectations for the financial year as a whole, with positive momentum in the Vaping division as well as growth in the Sports Nutrition and Wellness category. Looking ahead, remains largely unaffected by supply chain issues due to in-house manufacturing.

----------

daVictus PLC - Asia-focused food & beverage sector investor - For the six months ended June 30, pretax loss narrows to GBP5,404 from GBP216,576 a year before, driven by sharp growth in revenue to GBP75,000 from GBP3,333 due to having a franchisee in Kuala Lumpur, Malaysia.

----------

Vertu Capital Ltd - Malaysia-based investment firm - For the first half of 2021, pretax loss widens to GBP86,099 from GBP52,536 a year prior due to higher expenses, even as the company continues to pursue the acquisition of Vox Capital PLC.

----------

Lekoil Ltd - oil and gas exploration and production company with a focus on Nigeria and West Africa - For 2020, pretax loss widens sharply to USD121.9 million from USD4.9 million the year before, driven by a impairment loss of USD111.5 million, related to a lack of interest during the farmout process for OPL 310, as well as the company not raising funds for the last two years to fund the next two wells. Revenue for the year drop 22% year-on-year to USD32.9 million from USD42.0 million. At Otakikpo, gross oil production for the September reaches 5,169 barrels of oil per day.

----------

JPMorgan Multi-Asset Growth & Income PLC - investment firm - For the six months ended August 31, net asset value total return is 9.2%, compared to the reference index, which returned 6.2%. As at August 31, NAV per share rises to 109.8 pence, up 15% from 95.6p a year prior.

----------

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
7 Aug 2015 12:06

Metals Exploration To Raise Funding Amid Runruno Delays

Read more
4 Jun 2015 07:59

Metals Exploration Says Runruno Project On Cusp Of Operations

Read more
23 Feb 2015 09:01

Metals Exploration Says Construction Progressing At Runruno Project

Read more
30 Sep 2014 09:37

Metals Exploration Widens Loss, Continues To Focus On Runruro Project

Read more
17 Sep 2014 09:24

Metals Exploration Says Runruno On Budget But Processing Plant Delayed

Read more
28 May 2014 10:43

Metals Exploration Signs USD83 Million Facility For Runruno Gold Project

LONDON (Alliance News) - Metals Exploration PLC Wednesday said it has entered a senior secured project financing facility for up to USD83 million through its FCF Minerals Corp subsidiary, which will be used to fund the development and construction of its flagship Runruno gold project in the Phili

Read more
23 May 2014 11:10

Metals Exploration Losses Widen In 2013 On Development Costs

LONDON (Alliance News) - Metals Exploration PLC Friday said its pretax loss widened in 2013 as it increased administrative costs to help facilitate the development of its Runruno gold-molybdenum project. The natural resources exploration and development company with operations in the Philip

Read more
11 Mar 2014 12:31

Metals Exploration Says Runruno Set For 4th Quarter Gold Production

LONDON (Alliance News) - Metals Exploration PLC Tuesday said the construction phase of its Runruno gold-molybdenum project is developing on budget with Stage 2 work underway. The natural resources exploration and development company, with operations in the Philippines, said it remains on tr

Read more
3 Mar 2014 09:49

Metals Exploration Says Philippines Environmental Writ Dismissed

LONDON (Alliance News) - Metals Exploration PLC Monday said the Supreme Court of the Philippines has dismissed a writ against the company alleging it was breaching environmental laws. In a statement, Metals Exploration said the so-called "writ of Kalikasan" against its FCF Minerals Corporat

Read more
12 Nov 2013 13:17

Metals Exploration Says Typhoon Haiyan Did Not Affect Operations

Read more
21 Oct 2013 10:36

Metals Exploration Shares Drop 13% As It Is Hit By Philippines Court Order

Read more
25 Sep 2013 12:27

Metals Exploration Losses Widen As It Moves Towards Production In 2014

Read more
16 Nov 2010 14:50

Small caps round-up: AZ Electronic, James Cropper, Helphire...

AZ Electronics, a recent IPO, saw strong sales in the second half of the financial year, with revenue for the four months ended October at $232.6m (2009: $188.3m). Profits dipped slightly at paper maker James Cropper in the half-year to September as the speciality posted a loss as after pulp prices

Read more
1 Oct 2010 12:42

No results means AIM suspensions

Four AIM companies have been hit by share suspensions because they have not released their interim figures or accounts on time. Thre of the companies were suspended this morning and the other was suspended int he middle of September when it admitted that its accounts would not be ready. Two of the

Read more
23 Jul 2010 16:58

London close: Flat finish for Footsie

The day that was not without excitement, but shares were little changed overall amid uncertainty ahead of European banking stress tests due after the close. The best performing blue-chip was chip designer ARM Holdings . It was already higher, helped by strong results from US tech giant Microsoft ov

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.