Kistos Holdings Plc (KIST.L), a provider of management consultancy activities, Tuesday reported that the pre-tax loss for the first half narrowed compared to last year's loss led by significant lower finance costs.
The company's pre-tax loss declined to $6.86 million compared to a loss of $40.29 million for the comparable period last year.
The loss per share came down to $0.15 from a loss of $0.21 per share a year ago.
Net loss for the period declined to $12.34 million from $17.24 million the previous year.
Adjusted EBITDA decreased to $23.67 million compared to $48.59 million last year.
The company's revenue reduced to $87.90 million from $113.33 million a year earlier.
The board said that they remain confident in their long-term strategy and deliver value for shareholders while playing an effective role in shaping the future of energy.
On the London Stock Exchange, the stock is currently trading at 164.92 pence, up 0.56 percent.
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