IN BRIEF: Kibo Energy loss widens in 2021 on impairment costs

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Kibo Energy PLC - group with energy projects in Africa and UK - Reports revenue of £3,245 in 2021, versus none in 2020. Loss after tax widens to £23.0 million from £6.4 million. Bottom line hit by £20.7 million impairment of non-current assets.

Current stock price in London: 0.11 pence

12-month change: down 57%

Current stock price in Johannesburg: R 0.06

12-month change: down 45%

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