Mwana Africa Plc (MWA.L) posted full year loss attributable to owners of the parent of $694 thousands versus loss of $3.44 million a year ago. Loss per share for the year was 0.10 pence compared to the loss of 0.68 pence last year.
Pre-tax loss narrowed to $1.21 million from $6.09 million in the prior year.
Annual revenues improved to $81.31 million from $43.72 million in the previous year.
Separately, Mwana Africa announced that Hu Yuan Ching will be joining the Board as a non-executive director of the company, effective July 4, 2012.
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by RTT Staff Writer
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