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IN BRIEF: Ascent reports improved financial performance in 2023

ALN

Ascent Resources PLC - London-based oil and gas company - 2023 pretax loss narrows to £851,000 from £41.9 million the previous year. Revenue more than doubles to £1.4 million from £581,000. Company to develop onshore US gas and helium strategy going forward.

Current London stock price: 1.80 pence, down 2.7% in London on Friday

12-month change: up 1.2%

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