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Syncona Posts Wider Loss In H1 - Quick Facts

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Syncona (SYNC.L) posted a first half loss after tax of 75.0 million pounds compared to a loss of 53.7 million pounds, last year. Loss per share was 11.61 pence compared to 8.01 pence. Revenue earnings per shares was 3.45 pence compared to 0.48 pence. For six months to 30 September 2024, total investment income increased to 33.05 million pounds from 17.72 million pounds, last year.

Melanie Gee, Chair of Syncona, said: "The Board remains focused on the delivery of our strategy and our ambition to progress NAV to 5 billion pounds by 2032. The potential for significant corporate activity should come from our later-stage assets, assuming they achieve their key 2025, 2026 and 2027 clinical milestones."

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