IN BRIEF: Kropz reports GBP30.2 million revenue; annual loss narrows

Thu, 28th Mar 2024 12:00

Kropz PLC - South Africa-focused phosphate producer and developer - Says pretax loss narrows to USD13.5 million in 2023 from USD97.8 million the year before. In 2022, the firm had paid impairment losses of USD92.7 million, compared to none in 2023. Meanwhile, reports revenue of USD30.2 million in 2023, after having generated no revenue the year before.

Current stock price: 1.48 pence, up 18%

12-month change: down 42%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Related Shares

More News

3 Apr 2024 18:42

EARNINGS AND TRADING: Saint-Gobain buys Bailey Group; Kropz inks loan

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately repor...

28 Mar 2024 14:08

TRADING UPDATES: Kitwave buys Total Foodservice for GBP21 million

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

27 Mar 2024 11:16

TRADING UPDATES: Sorted renews M&S deal; Tribe completes drill build

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

29 Feb 2024 13:00

IN BRIEF: Kropz financial manager resigns, names successor

Kropz PLC - South Africa-focused phosphate producer and developer - Financial Manager Louis Swart resigns as of Thursday, with Kropz naming Werner Gre...