Brief: Genfit H1 Net Loss At EUR 10 Mln

Genfit SA

29/09/2022 07:34

Sept 29 (Reuters) - Genfit SA  GNFT.PA 
    * REPORTED ON WEDNESDAY FIRST HALF-YEAR 2022 FINANCIAL
RESULTS 
    * AS OF JUNE 30, 2022, CASH AND CASH EQUIVALENTS TOTALED EUR
209
MILLION 
    * H1 2022 NET LOSS TOTALED EUR 10 MLN VS NET PROFIT OF EUR 9
MLN
IN 2021
    * H1 2022 OPERATING INCOME AMOUNTED TO EUR 12 MLN VS EUR 3
MLN IN
2021
    * H1 2022 OPERATING EXPENSES AMOUNTED TO EUR 27 MLN VS EUR
33 MLN
IN 2021
    * H1 2022 FINANCIAL INCOME WAS A GAIN OF EUR 4 MLN VS GAIN
OF OF
EUR 36 MLN IN 2021
    * OUTLOOK: WITH VERSANTIS ACQUISITION TO BE COMPLETED
SHORTLY,
GROUP WILL HAVE SIX ONGOING PROGRAMS AT ALL STAGES OF
DEVELOPMENT IN FIVE DIFFERENT INDICATIONS
    * OUTLOOK: THE SIX PROGRAMS SHOULD PROVIDE STEADY STREAM OF
NEWS
OVER NEXT FEW MONTHS, YEARS, WITH IMPORTANT CLINICAL DATA IN
RELATIVELY SHORT TERM
    * OUTLOOK: PHASE 3 PBC CLINICAL DATA READ OUT EXPECTED IN Q2
2023

Source text : https://bit.ly/3rg972F
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