Brief: Orege H1 Operating Loss Widens To 2.9 Million Euros

Orege SA

21/10/2022 18:12

Oct 21 (Reuters) - Orege SA  OREGE.PA :
    * OREGE GROUP ACTIVITY AND HALF YEAR 2022 RESULTS
    * H1 NET LOSS EUR 2.9 MILLION VERSUS LOSS EUR 2.8 MILLION
YEAR AGO
    * H1 OPERATING LOSS EUR 2.9 MILLION VERSUS LOSS EUR 2.7
MILLION
YEAR AGO
    * H1 REVENUE EUR 1.08 MILLION VERSUS EUR 0.8 MILLION YEAR
AGO
    * AT 30 JUNE 2022, OREGE HAD 744 KEUR OF CASH AND CASH
EQUIVALENTS
(374 KEUR AT 31 DECEMBER 2021).
    * AT 30 JUNE 2022, FINANCIAL DEBT TOTALLED 32 528 KEUR
    * HOWEVER, NO REVENUE WILL BE GENERATED IN 2022 FROM TWO
PROJECTS
(ONE IN GERMANY, OTHER IN JAPAN)
    * OREGE DOES NOT ANTICIPATE ANY PROBLEM FOR END OF 2022, NOR
ANY
SIGNIFICANT CONSTRAINT FOR 2023 ON BASIS OF HOW THINGS STAND
PRESENTLY

Source text for Eikon:  ID:nGNE60c0Cd 
Further company coverage:  OREGE.PA 
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