(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
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DP Eurasia NV - Amsterdam-based master franchisee of Domino's Pizza brand in Turkey, Russia, Azerbaijan and Georgia - Says in first half it continued strong business momentum despite the unprecedented challenges in regions. For six months to June 30, posts group system sales TRY1.7 billion, up 65% from TRY1.1 billion last year. Looking ahaed, expects store openings momentum in Turkey to continue in second half.
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Zephyr Energy PLC - oil & gas exploration and development in US Rocky Mountains - Says is aiming to boost reserves with State 16-2LN-CC well test by end of September an is to begin three well drilling programme in second half. First quarter revenue from the portfolio totalled USD11.5 million, generated from an average of 1,600 barrels of oil equivalent per day at an average sales price of USD90.11 per barrel.
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MP Evans Group PLC - producer of Indonesian palm oil - For six months to June 30, crude palm oil production falls to 160,800 tonnes from 161,400 the year before and palm kernels production rises to 35,100 tonnes from 34,700 tonnes. Notes purchases of independent crop were deliberately restricted in May and June as a result of the temporary export ban in Indonesia, resulting in a small reduction in purchases from outside suppliers in the first half. Overall, says total crop processed was similar to that achieved in the first half of 2021. Production of crude palm oil in the first half of 2022 was also similar to the same period of 2021, whilst there was a small increase in kernel production
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East Imperial PLC - London-based premium mixers maker - Sees record performance in June following a half of strong sales and operational progress in key markets. For six months to June 30, sells 95,780 cases globally across 28 markets, resulting in revenue moving 32% higher compared to the same period in 2021, driven by both the addition of new customers and strong demand from the existing base.
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Journeo PLC - Leicestershire, England-based transport system services - Wins GBP600,000 purchase order for the supply and support of passenger information display systems for a City Centre bus station upgrade within a Northern Transport Partnership. Expects revenue of around GBP400,000 will be delivered during financial year from purchase order.
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LBG Media PLC - Manchester-based digital media and youth content publisher, also known as LADbible - Says it continued to perform well both financially and operationally in the first half of the year, despite challenging macro environment. For six months to June 30, revenue up 8% to GBP24.8 million, up from GBP23.0 million. "Indirect revenues have seen an improving trend towards the end of the first half into early trading in the second half, driven by an increase in revenues per view. This is expected to continue into a seasonally stronger second half. Activity in the Direct revenue segment has been supported by significant marketing in the first half which has led to a healthy pipeline of prospects as we enter the second half of the year," it says.
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PensionBee Group PLC - London-based pension management app - Reports strong customer growth in first half. For six months to June 30, invested customers rose 72% to 159,000 from 92,000 last year and registered customer base was 897,000, up from 538,000. Assets under administration at June 30 stood at GBP2.68 billion compared with GBP2 billion for the first half of 2021. Looking ahead, it expects 2022 revenue in a range of GBP17 million to GBP20 million, up from GBP12.8 million in 2021.
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Shanta Gold Ltd - Guernsey-based east Africa-focused gold producer, developer and explorer - For second quarter to June 30, posts gold production of 17,527 ounces, up from 11,408oz in first quarter, exceeding target. June gold production level of 7,538oz is the highest monthly production level achieved in over 12 months, it adds.
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Baker Steel Resources Trust Ltd - Guernsey-incorporated firm investing in equities, loans or related instruments of natural resources companies - Along with other shareholders of Bilboes Gold Ltd, agrees to sell the mining and exploration company to Caledonia Mining PLC for 5.1 million Caledonia shares and a 1% net smelter royalty on Bilboes' gold project in Zimbabwe. Baker Steel will receive 800,000 Caledonia shares for its 24% shareholding in Bilboes.
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Hummingbird Resources PLC - gold production, development and exploration focused on West Africa - Says second quarter production increased 29% from to 20,013 ounces of gold from 15,548oz in the first quarter. Looking ahead, maintains 2022 guidance of 87,000oz to 97,000oz of gold.
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Oilex Ltd - Perth-based developer of natural gas assets - Says it has all outstanding equipment needed for re-fraccing operation at Cambay C-77H in India.
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Tirupati Graphite PLC - London-based company specialising in graphite and graphene - Says it is on track to increase its primary flake graphite production capacity in Madagascar to 30ktpa by September, which will make it one of the few significant producers of the critical mineral outside China.
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Xtract Resources PLC - London-based mining company focused on Africa and Australia - Mining contractor Mutapa Mining & Processing Lda says first gold has been poured at the Fair Bride hard-rock gold mining asset in Mozambique. "The production was started with the introduction of low-grade ore to commission all parts of the processing circuit. The company will make a further announcement as and when the plant moves into regular production," Xtract adds.
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Brandshield Systems PLC - London-based cybersecurity solutions provider - Announces results of partnership with Sandbox. Over 2 month period, neutralised 120 phishing sites and 58 fake social media accounts impersonating the metaverse platform, allowing Sandbox's economy to operate securely whilst safeguarding metaverse players from critical online threats.
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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