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EARNINGS SUMMARY: Dolphin Capital loss narrows; Cindrigo widens loss

ALN

The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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Dolphin Capital Investors Ltd - investor in high-end resort developments in the eastern Mediterranean - Pretax loss in the first half of 2022 narrows to €3.4 million from €3.5 million, year-on-year. Revenue plummets to €55,000 from €3.0 million. Expects solid outlook for tourism in 2022.

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Cindrigo Holdings Ltd - Guernsey-based energy producer - Pretax loss in the first half of 2022 widens to £289,000 from £132,000 a year before. Administrative expenses jump to £289,000 from £46,000. Plans to focus on progressing CCP Slatina and expanding its geothermal portfolio.

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European Metals Holdings Ltd - mineral exploration and development company focused on Cinovec lithium-tin project in Czech Republic - In the half-year to June 30, pretax loss widens to $6.8 million from $4.0 million a year before. Share based payments grow to $2.9 million versus $987,490. Other expenses jump to $544,101 from $127,240. Revenue remains flat at $1.1 million.

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Hydrogen Utopia International PLC - London-based mixed plastic waste-to-fuel technology - In the first half of 2022, pretax loss widens to £583,874 from £335,478 a year ago, as administrative expenses jump to £583,878 from £335,533. Records no revenue, unchanged from a year before. ‘The first half year since our IPO in January has seen progress on a broad number of fronts: project pipeline, technological development, two proposed joint ventures in Ireland and Poland and the cross trading of our shares in the USA. We continue to build on these foundations with the intention of becoming a leading business in waste plastic to hydrogen in Europe and potentially across the world,’ Executive Chair Guy Peters comments.

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