Brief: PCI Biotech Q1 Net Financial Result Swings To Profit Of NOK 20.4 Million

PCI Biotech Holding ASA

06/05/2020 06:11

May 6 (Reuters) - PCI Biotech Holding ASA  PCIB.OL :
    * REG-PCI BIOTECH: FIRST QUARTER 2020 RESULTS
    * PCI BIOTECH HOLDING ASA Q1 OPERATING LOSS NOK 16.0 MILLION
VERSUS LOSS NOK 17.9 MILLION YEAR AGO
    * Q1 NET FINANCIAL PROFIT NOK 20.4 MILLION VERSUS LOSS NOK
4.9
MILLION YEAR AGO
    * IT IS CURRENTLY NOT CLEAR THAT CASH-POSITION WILL SUFFICE
TO
REACH INTERIM READ OF RELEASE TRIAL, GIVEN UNCERTAINTY
SURROUNDING LONG-TERM CONSEQUENCES OF UNPRECEDENTED SITUATION
WITH COVID-19 PANDEMIC

Source text for Eikon:  ID:nGNE27TzlC 
Further company coverage:  PCIB.OL 

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