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Echo Energy PLC - Latin America-focused exploration company - In 2023, pretax loss narrows to $2.8 million from $4.3 million. Revenue is zero, little changed from a year ago. Administrative expenses fall to $1.2 million from $3.0 million and finance costs decrease to $1.8 million from $3.0 million. Finance income, however, falls to $203,371 from $1.6 million. Says careful management of cash balances, successful debt renegotiation and equity fund raises supported business flexibility and stability. Ends the period with $0.08 million cash at bank compared to the prior year balance of $1.1 million. Current stock price: 0.0030 pence 12-month change: down 93% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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