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IN BRIEF: Mercantile Ports & Logistics Interim Loss Widens

Wed, 21st Oct 2020 16:59

Mercantile Ports & Logistics Ltd - Indian port and logistics facility developer - For the first half of 2020, pretax loss widened to GBP2.6 million from GBP2.0 million the year before on higher finance costs, despite generating revenue of GBP155,000 from the Tata Projects Ltd and Daewoo Engineering joint venture multi-year contract.

Current stock price: 0.23 pence

Year-to-date change: down 83%

By Dayo Laniyan; dayolaniyan@alliancenews.com

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