Brief: Cleantech Building Materials FY Net Loss Narrows To EUR 4.12 Mln

Cleantech Building Materials

31/03/2021 11:20

March 31 (Reuters) - Cleantech Building Materials PLC
 CLBM.CO :
    * FY NET LOSS -4.116 MILLION EUR VERSUS -4.49 MILLION EUR
LOSS
YEAR AGO
    * GROUP'S REVENUES FOR 12 MONTHS ENDED 31 DECEMBER 2020
REDUCED TO
EUR 857,000 (2019: EUR 927,000)
    * GROUP REALISED A NET LOSS OF EUR 4,116,000 FOR YEAR TO 31
DECEMBER 2020 (2019: EUR 4,490,000)
    * GROUP CONTINUES TO ADVANCE ITS DISCUSSIONS WITH POTENTIAL
PARTNERS TO SIGNIFICANTLY GROW ITS BUSINESS AND TO CONSTRUCT AND
OPERATE ITS OWN ACCOYA(Ò) WOOD MANUFACTURING FACILITY
    * GROUP EXPECTS TO COMMENCE CONSTRUCTION OF ITS OWN
ACCOYA(®) WOOD
MANUFACTURING FACILITY DURING LATE 2021 OR EARLY 2022.
    * BOARD CONTINUES TO REMAIN OF VIEW THAT THERE IS SUFFICIENT
DEMAND IN CHINA AND ASEAN TERRITORIES TO WARRANT CONSTRUCTION OF
AN ACCOYA(®) WOOD FACTORY IN CHINA

Source text for Eikon:  ID:nGNE4v2W7j 
Further company coverage:  CLBM.CO 

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