MicroSalt plc (SALT.L), a food tech innovator, on Tuesday reported that its loss narrowed in the first half compared with the previous year.
For the six months ended June 30, loss before tax narrowed to $1.72 million from $2.55 million in the prior year.
Loss per share was $0.04 versus $0.22 last year.
Operating loss narrowed to $1.59 million from $2.41 million in the prior year.
Revenue increased to $0.836 million from $0.220 million in the previous year.
Further, the company's full-year revenue for 2025 is expected to reach approximately $2.0 million.
And revenue is anticipated to rise to $6.5 to $7.0 million in 2026 and at least $13.0 million in 2027, with potential upside from additional sales prospects not yet included in projections.
MicroSalt is currently trading 1.31% higher at 54.20 pence on the London Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.