Brief: Adocia H1 Net Result Turns To Loss Of EUR 9.4 Million

Adocia SA

18/09/2023 17:07

Sept 18 (Reuters) - Adocia SA  ADOC.PA :
    * ADOCIA ANNOUNCES FIRST HALF 2023 FINANCIAL RESULTS AND
PROVIDES
A BUSINESS UPDATE
    * AS OF JUNE 30, 2023, CASH POSITION OF EUR 12.1 MILLION
(EUR 17.4
MILLION AS OF DECEMBER 31, 2022)
    * H1 REVENUE OF EUR 1.6 MILLION, MAINLY FROM PARTNERSHIP
WITH
TONGHUA DONGBAO
    * H1 NET LOSS EUR 9.4 MILLION VERSUS PROFIT EUR 4.3 MILLION
YEAR
AGO
    * H1 OPERATING LOSS EUR 7.3 MILLION VERSUS PROFIT EUR 6.1
MILLION
YEAR AGO
    * NET FINANCIAL DEBT (EXCLUDING IFRS 16 IMPACTS AND
DERIVATIVE
INSTRUMENTS) STOOD AT EUR 19.6 MILLION AT END-JUNE 2023,
COMPARED WITH EUR 24.1 MILLION AS OF DEC 31, 2022

Source text for Eikon:  ID:nBwbVB1rDa 
Further company coverage:  ADOC.PA 

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