Last checked at 
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
----------
Checkit PLC - Cambridge-based workflow management software provider - Interim profit falls but calls figures in line with boards expectations against a turbulent economic and political backdrop. Pretax loss in the half-year to June 30 widens to GBP4.7 million from GBP2.7 million a year ago. Revenue falls to GBP5.4 million from GBP7.9 million. Expects lower annual recurring revenue in second half of 2022 due to a slowdown in bookings. Notes expanding customer base for the future. While still expecting operating losses for 2023, anticipates them to be smaller than expectations at the beginning of 2022.
----------
CleanTech Lithium PLC - Lithium exploration and development company focused on Chile - Half-year loss widens as administrative costs multiply. Pretax loss in six months to June 30 widens to GBP1.5 million from GBP235,550 a year ago. Posts no revenue, unchanged, as it is in its exploration stage. Administrative costs surge to GBP1.2 million from GBP230,660. Says it is making all necessary arrangement to start operations of pilot plant at Laguna Verde in early 2023.
----------
Keystone Law Group PLC - London-headquartered law firm - Revenue growth more than offset by costs, resulting in lower profit. Pretax profit in six months to July 31 falls to GBP4.1 million from GBP4.3 million a year ago. Revenue grows to GBP36.8 million from GBP33.7 million. Administrative costs increase to GBP4.9 million from GBP4.0 million. Cost of sales widen to GBP27.1 million from GBP24.8 million. However, raises interim dividend 16% to 5.2 pence per share from 4.5p. Says that client demand is strong. Sees itself well placed to deliver strong performance at full year ending January 31.
----------
Petards Group PLC - Guildford, England-based developer of security and surveillance systems - Interim pretax profit falls to GBP101,000 from GBP430,000 a year prior, citing challenging conditions. Revenue falls to GBP5.5 million from GBP7.7 million. Says that repairs services is back to pre-Covid levels. "The board anticipates the group will make further progress in the second half year and deliver a satisfactory and cash generative performance for year," says Chair Raschid Abdullah.
----------
Regional REIT Ltd - London-based real estate investment trust - Posts 57% rise in pretax profit in half year to June 30 as rental income and investment gains grow. Pretax profit climbs to GBP28.3 million from GBP18.0 million a year ago. Rental & property income rises to GBP45.2 million from GBP36.3 million. Change in fair value of investment properties is a gain of GBP4.8 million, up sharply from GBP2.0 million. Declares 5.5p per share interim dividend versus 4.2p. Notes that EPRA net tangible assets is 97.1p per share at June 30, mostly flat from 97.2p at December 30, 2021. While remaining mindful of current macroeconomic challenges, Chair Kevin McGrath touts: "With the robust level of rent collections, the geographical diversification of the portfolio and the strong finances, the company is well positioned to meet the challenges and take the opportunities that will inevitably arise in the coming years."
----------
RTW Venture Fund Ltd - New York-based investor in life sciences, biopharmaceutical, and medical technology companies - Net asset value per share at June 30 drops to USD1.25 from USD1.91 a year ago. NAV movement per share is negative 27%, underperforming against it benchmark Nasdaq Biotech which returned negative 21%, but outperforming Russell 2000 Biotech, which returned negative 39%. "Over the last eighteen months, the company's NAV and share price have been significantly impacted by what is, to date, the second worst biotech bear market in history. However, we now look ahead with renewed confidence. Public market valuations are at historic lows while innovation remains at an all-time high," states Chair William Simpson.
----------
By Tom Budszus; tombudszus@alliancenews.com
Copyright 2022 Alliance News Limited. All Rights Reserved.