Mercantile Ports and Logistics (MPL) report interim results which reflect subdued activity while the company works on refinancing its balance sheet as previously announced. The company reported 1H25 revenue of £0.98m (1H24: £1.05m, FY24: £4.35m). Net income/(loss) was £(17.96)m (1H24: £(6.02)m) including the impact of impairments. MPL ended the period with gross borrowings of £48.42m (Dec 2024: £50.50m) and gross cash £0.48m (Dec 2024: £0.94m). MPL reiterates its position regarding debt negotiat ....
