StockMarketWire.com - Graphene-based products producer Directa Plus reported wider first-half losses as higher expenses offset a surge in revenue.

For the six months ended 30 June 2020, pre-tax losses widened to €2.5 million from €1.8 million year-on-year, while total revenue increased by approximately 200% to €2.81 million.

The acquisition of Setcar, finalised in November 2019, played a key role in driving the revenue increase, contributing €2.12 million in the half, the company said.




At 9:36am: [LON:DCTA] Directa Plus Plc share price was +0.5p at 77p



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