Latest Share Chat

IN BRIEF: Powerhouse Energy significantly narrows loss in 2021

Wed, 29th Jun 2022 12:11

Powerhouse Energy Group PLC - Bingley, England-based hydrogen from waste plastic producer - Posts sharply narrowed pretax loss in 2021 to GBP2 million from GBP16 million the previous year. In 2020 the company registered an impairment of goodwill of GBP14.2 million. Revenue seven times higher to GBP701,435 from GBP100,000 a year prior. Company says this increase was primarily due to engineering support works provided to the Protos SPV.

Current stock price: 1.75 pence, down 0.1% in London on Wednesday

12-month change: down 61%

By Heather Rydings; heatherrydings@alliancenews.com

Related Shares

More News

16 Apr 2024 11:57

Powerhouse Energy completes manufacturing of feedstock testing unit

(Alliance News) - Powerhouse Energy Group PLC on Tuesday said the manufacturing of the 2.5 tonne per day kiln for its feedstock testing unit has been ...

19 Mar 2024 14:25

Hydrogen Utopia and Powerhouse Energy re-agree to terms of Irish JV

(Alliance News) - Hydrogen Utopia International PLC on Tuesday said it has re-agreed to terms for an evenly weighted joint venture with Powerhouse Ene...

18 Mar 2024 19:06

EARNINGS AND TRADING: JPMorgan US Smaller optimistic; Burford buyback

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

18 Mar 2024 09:53

Powerhouse Energy subsidiary secures first production train contract

(Sharecast News) - Powerhouse Energy's wholly-owned Engsolve subsidiary has secured its maiden contract for the building and installation of its produ...

11 Mar 2024 12:24

Hydrogen Utopia and Powerhouse Energy agree joint venture in Ireland

(Alliance News) - Hydrogen Utopia International PLC and Powerhouse Energy Group PLC on Monday said they have reached agreement on a joint venture to d...