Symphony Environmental Technologies reports its interim results for the six months ended 30 June 2022. Revenue was £3.0m, down 39% year-on-year (1H21: £4.9m), as announced in the trading update on 1 August 2022. The gross margin was 36%, down from 40% in 1H21. The loss before tax was £1.4m, 124% higher than the loss of £0.6m in 1H21. As mentioned in the RNS dated 1 August 2022, the soft 1H was due to short-term logistics and resource issues, slow and complex regulatory approvals, temporary desto ....
29 Sep 2022
Hybridan Research: 29/09/2022: Symphony Environmental Technologies plc: Near-term optimism
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Hybridan Research: 29/09/2022: Symphony Environmental Technologies plc: Near-term optimism
Symphony Environmental Technologies plc (SYM:LON) | 3.5 0 0.0% | Mkt Cap: 7.15m
- Published:
29 Sep 2022 -
Author:
Emily Liu -
Pages:
7
Symphony Environmental Technologies reports its interim results for the six months ended 30 June 2022. Revenue was £3.0m, down 39% year-on-year (1H21: £4.9m), as announced in the trading update on 1 August 2022. The gross margin was 36%, down from 40% in 1H21. The loss before tax was £1.4m, 124% higher than the loss of £0.6m in 1H21. As mentioned in the RNS dated 1 August 2022, the soft 1H was due to short-term logistics and resource issues, slow and complex regulatory approvals, temporary desto ....