StockMarketWire.com - Residential property developer Trafalgar reported wider first-half losses as turnover fell owing to the pandemic impact.

For the six months ended 30 September 2021, pre-tax losses widened to £338,139 from £16,699 a year earlier as turnover fell to £390,139 from £1.3 million

'The results for the year for the six months to 30 September 2021 are disappointing,' the company said.

'However, we have been facing a period of great difficulty in the property sector with long planning delays due to the Covid-19 pandemic and this has delayed the start of our next construction projects.'


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