Brief: Aelis Farma H1 Net Loss Narrows To EUR 1.6 Million

Aelis Farma SA

25/09/2023 17:21

Sept 25 (Reuters) - Aelis Farma SA  AELIS.PA :
    * AELIS FARMA PUBLISHES HALF-YEAR FINANCIAL RESULTS FOR 2023
AND
CONFIRMS ITS DEVELOPMENT OBJECTIVES
    * CASH POSITION AT EUR 25.5 MILLION ON JUNE 30, 2023
    * H1 NET LOSS EUR 1.6 MILLION VERSUS LOSS EUR 10.4 MILLION
YEAR
AGO
    * H1 OPERATING LOSS EUR 2.4 MILLION VERSUS LOSS EUR 4.6
MILLION
YEAR AGO
    * END-JUNE NET CASH POSITION EUR 21.1 MILLION
    * BELIEVES THAT ITS CURRENT CASH POSITION WILL ENABLE IT TO
FINANCE ITS DEVELOPMENT, IN LINE WITH STRATEGY PRESENTED DURING
IPO, UNTIL AT LEAST END OF 2025

Source text for Eikon:  ID:nBw5QfpH9a 
Further company coverage:  AELIS.PA 

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