On Monday, KEFI Gold and Copper PLC (KEFI.L), a gold and copper mining company, reported a loss in fiscal year 2025, compared to a profit in 2024. The slip to loss was attributable to wider operating loss, due to higher finance costs and administrative expenses.
The net loss for the period was 9.69 million pounds, in comparison to a profit of 1.21 million pounds in 2024. The loss per share in 2025 was 0.11 pence, compared to profit per share of 0.02 pence a year ago.
There was no tax item for both the periods. The operating loss for the period went up to 6.70 million pounds from loss of 6.33 million pounds in the previous year.
The firm did not generate revenues for both the years.
KEFI said it has now moved into construction and preparations for production.
On the London Stock Exchange, the shares were trading 1.87 percent down at 1.1225 pence.
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