IN BRIEF: Cindrigo Holdings narrows annual loss with no revenue

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Cindrigo Holdings Ltd - clean energy producer - Reports pretax loss for year to December 31 of £1.9 million narrowed from £2.0 million the year prior. Basic loss per share was £0.017 compared to £0.014 year on year. Administrative expenses totalled £1.8 million, unchanged from the year before, but finance costs fell to £97,000 from £204,000. There was no revenue in the year. Cindrigo says its current priority is to raise and finalise project development funds for the Dravacel/Croatia 1 project to move it forward. Meanwhile it will also evaluate additional licenses, primarily in Europe, to strengthen the portfolio.

Current stock price: 0.13 pence

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