Business

Haydale Reports Results For H1 FY2021

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BUSINESS

Haydale Reports Results For H1 FY2021

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Haydale Graphene Industries Plc, a specialized composite materials producer, has recently released its earnings for the first half of the 2021 Fiscal year.

The revenues they experienced were down £1.28 million, at a 5% loss since last year, while operating loss reduced by 34%. They had £1.88 in cash and equivalents.

Haydale believes revenue will remain the same, with increasingly lower operating costs, leading to a net profit in the future.

Source

Photo by Austin Distel on Unsplash

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