- Quadrise Fuels International posted a first-half loss, as it continued to invest in the development of its alternative fuel technology.

Pre-tax losses for the six months through December amounted to £1.7m, compared to losses of £2.0m on-year.

'We continue to believe that our MSAR technology has significant potential, and recent announcements demonstrate that an increasing number of participants in the energy, power and marine markets are aligned to this view and are incentivised to deliver value for Quadrise and our shareholders,' executive chairman Mike Kirk said.

At 8:08am: [LON:QFI] Quadrise Fuels International PLC share price was +0.2p at 3.68p

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