Ceres Power Holdings Plc H1FY19 Revenue And Other Operating Income Surges By 133%

Ceres Power Holdings Plc (CWR) has announced its final results for the year ended 30 June 2019.

Company’s revenue and other operating income surged by 133 per cent to £16.4 million.

The operating loss reduced by 33 per cent to £7.9 million from the loss of £11.9 million reported in 2018.

During the year, the company successfully raised £77.1 million of new equity from strategic partners and via a private placing with institutions.

On 2nd October 2019, at the time of writing, GMT 08:32 AM, CWR shares were trading at GBX 213.00, up by 5.00 points or 2.40% against the previous day closing price.