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ADM Energy PLC - London-based natural resource investor - Reports a 24% fall in revenue to £600,000 for the six months ended June 30, from £785,000 a year ago. Pretax loss, however, narrows to £834,000 from £1.5 million, as administrative expenses fall to £897,000 from £1.2 million a year ago. Operating expenses decline by 52% to £530,000 from £1.1 million a year ago.
Chief Executive Officer Osameda Okhomina says: ‘We made good progress in the first half of 2022.’
Current stock price: 0.65 pence, down 10% on Thursday
12-month change: down 72%
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