Vulcan Energy Resources Ltd. (VUL.DE,VUL.AX) Wednesday said that its loss widened in the first six months of the year, impacted by depreciation and amortisation charges. Revenue, however, rose from last year.
On the ASX, VUL.AX is trading up 4 percent on Wednesday's trading at A$4.4500.
The Australian lithium and renewable energy producer posted loss of 30.69 million euros or 0.14 euros per share in the first half of 2025, compared to loss of 19.35 million euros or 0.11 euros per share in the same period last year.
During the six-month period, pre-tax loss widened to 29.58 million euros from 19.15 million euros in the year-ago period.
According to Vulcan Energy, revenue from continuing operations in the first half of the year, however, rose to 4.11 million euros from 3.8 million euros in the corresponding quarter of 2024, helped mainly by sales of electricity from its Insheim geothermal plant.
The company's total comprehensive loss for the half-year period amounted to 30.32 million euros, compared to total comprehensive loss of 20.31 million euros in the previous-year period.
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