March 10, 2020 / 4:59 PM / 24 days ago

BRIEF-McPhy Energy FY Net Loss Narrows To 6.3 Million Euros

March 10 (Reuters) - MCPHY ENERGY SAS:

* FY REVENUE ROSE 43 PERCENT TO 11.4 MILLION EUR

* STRENGTHENING OF FINANCIAL STRUCTURE WITH A CASH POSITION OF EUR 13 MILLION AT END-2019

* ON CORONAVIRUS: IT IS CURRENTLY DIFFICULT TO QUANTIFY IMPACTS OF COVID-19 EPIDEMIC ON GROUP’S ACTIVITY IN 2020

* MCPHY’S EXPOSURE TO CORONAVIRUS EPIDEMIC IS LIMITED TO A POWER-TO-GAS APPLICATION PROJECT IN HEBEI PROVINCE

* MCPHY IS CURRENTLY ASSESSING POTENTIAL IMPACT OF OUTBREAK ON ITS ACTIVITY

* FY NET LOSS EUR 6.3 MILLION VERSUS LOSS OF EUR 9.5 MILLION YEAR AGO

* FY OPERATING LOSS EUR 6.1 MILLION VERSUS LOSS OF EUR 9.4 MILLION YEAR AGO Source text for Eikon: Further company coverage: (Gdansk Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below