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IN BRIEF: Anemoi International shares down on widened interim loss

Thu, 11th Aug 2022 14:10

Anemoi International Ltd - British Virgin Islands-based holding company - Posts revenue of GBP45,355 for the six months that ended on June 30, compared to none a year earlier. Pretax loss, however, widens to GBP450,795 from GBP122,869. Administrative expenses triple to GBP450,795 from GBP122,869, as operating costs jump to GBP450,411 from GBP115,014 a year ago.

Chair Duncan Soukup says: "The first six months of 2022 were marked by changes to Swiss [Financial Market Supervisory Authority] rules, which pushed out Institutional commitments to new technology, rampant inflation with the prospect of Central Bank over-tightening and the prospect of recession."

Current stock price: 1.50 pence, down 6.4% in London on Thursday

12-month change: down 61%

By Xindi Wei; xindiwei@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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