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BWA Group PLC on Friday said its pretax loss widened in the first half amid a loss from the revaluation of investments and higher administrative expenses. The London-based company focusing on early-stage mining said its pretax loss multiplied to £80,142 in the six months to the end of December from £5,276 a year prior. BWA reported no revenue in the six months to the end of December, unchanged from a year ago. Other operating income increased by 1.9% to £163,310 from £160,000. Administrative expenses grew by 15% to £185,986 from £162,171, while the firm recorded a £55,618 loss on revaluation of investments compared to none a year prior. The company, which in January said it is optimistic about the presence of gold at its Acari project in northern Cameroon, said further work will be undertaken in the current half-year to determine the extent of the deposits. This will help identify priority areas for drilling. BWA shares were unchanged at 0.20 pence each on the Aquis exchange on Friday afternoon. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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