StockMarketWire.com - Westminster Group has widened its H1 pretax loss to £1.0m, from £0.9m. Revenue was £1.9m, from £2.2m.

CEO Peter Fowler said:

"The first half of 2015 has thrown up unprecedented challenges in our principal projects however our staff have dealt with these commendably.

"We are looking forward to launching our ferry service and maximising the mutual benefit that this new transport link and the established airport traffic will achieve when working in tandem. The prop shaft is now repaired and will be transported back in-country on the first available governmental flight which is scheduled to leave on 6 October.

"Our internal calculations demonstrate that the revenues from these two operations alone will allow the Group to operate on a monthly cash flow positive basis within the next 12 months presuming the recovery in airport traffic continues at this pace to its pre Ebola levels.

"In addition to the two principal operations in West Africa we continue to advance a considerable number of opportunities which offer significant upside potential."






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