Mercantile Ports and Logistics (MPL) released FY21 results in line with the revised expectations published in January 2021. Results for the year were impacted by the severe COVID-19 lockdown in India during 2021. However, the company has achieved important commercial milestones, handling significant cargo volumes from revenue generating customers. The company expects to further advance its business plans during 2022, and we maintain our P&L forecasts for FY22E including revenues increasing to £5 ....
30 Jun 2022
Cenkos: Mercantile Ports & Logistics Ltd -FY results – commercial ramp-up on track
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Cenkos: Mercantile Ports & Logistics Ltd -FY results – commercial ramp-up on track
Mercantile Ports & Logistics Limited (MPL:LON) | 1.8 0 0.0% | Mkt Cap: 6.41m
- Published:
30 Jun 2022 -
Author:
Edward Stacey -
Pages:
6
Mercantile Ports and Logistics (MPL) released FY21 results in line with the revised expectations published in January 2021. Results for the year were impacted by the severe COVID-19 lockdown in India during 2021. However, the company has achieved important commercial milestones, handling significant cargo volumes from revenue generating customers. The company expects to further advance its business plans during 2022, and we maintain our P&L forecasts for FY22E including revenues increasing to £5 ....