Ceres Power Holdings plc (CWR.L), a clean energy technology, on Friday reported its loss widened in the first half, six months ended June 30, compared with the previous year.
For the first half, loss before tax widened to 18.98 million pounds from 0.81 million pounds in the previous year.
Loss per share was 10.14 pence versus 6.53 pence last year.
EBITDA widened to 13.21 million pounds from 10.01 million pounds in the same period last year.
Adjusted EBITDA also widened to 11.31 million pounds from 9.04 million pounds in the previous year.
Operating loss reduced to 18.66 million pounds from 13.76 million pounds in the prior year.
Revenue decreased 26 percent to 21.09 million pounds from 28.50 million pounds in the previous year.
Further, the company said that it expected revenue for the year ending December 31 to be around 32 million pounds.
On Thursday, Ceres Power closed trading, 1.60% lesser at 141.40 on the London Stock Exchange.
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